If the goods are supplied to related persons then how should the taxable person ascertain the value of supplies?
A. Seek the help of the GST officer
B. Use the arm’s length price as required under the income Tax law
C. Identify the prices at which goods are sold by the unrelated person to his customer,
D. Refer the Rules which will be prescribed for this purpose
Answer:D
If the goods are supplied to related persons then how should the taxable person ascertain the value of supplies?
A. Seek the help of the GST officer B. Use the arm’s length price as required under the income Tax law C. Identify the prices at which goods are sold by the unrelated person to his customer, D. Refer the Rules which will be prescribed for this purpose