Rules Rule 31 of CGST Rules i.e. Residuary Valuation Rule

Financial Year: 2017

Rule 31 of CGST Rules

 

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.

 

Thanks

CA Rahul Gupta