Central Goods and Services Tax Rules, 2017
Chapter IV - Determination of value of supply
Rule 31 - Residual method for determination of value of supply of goods or services or both
31. Residual method for determination of value of supply of goods or services or both
Where the value of supply of goods or services or both cannot be determined under rules 27 to 30, the same shall be determined using reasonable means consistent with the principles and the general provisions of section 15 and the provisions of this Chapter:
Provided that in the case of supply of services, the supplier may opt for this rule, ignoring rule 30.
Rules
- Rule 27 - Value of supply of goods or services where the consideration is not wholly in money
- Rule 28 - Value of supply of goods or services or both between distinct or related persons, other than through an agent
- Rule 29 - Value of supply of goods made or received through an agent
- Rule 30 - Value of supply of goods or services or both based on cost
