Question
As per section 9(1) of CGST Act, 2017, Central Tax on
intra-State supplies shall be levied on the transaction value. This value is determined as per of CGST Act, 2017.Solution
Section 15 of the Central Goods and Services Tax (CGST) Act, 2017, deals with the determination of the value of taxable supplies for the purpose of levying GST. It outlines the rules and guidelines for calculating the transaction value of goods and services when there is a consideration involved.
Which Indian town, established by Rabindranath Tagore and known as the "abode of peace," has been included in UNESCO's World Heritage List?
“Maitri Diwas or Friendship Day” is celebrated on which day to mark the day on which India recognised newly-formed Bangladesh in 1971.
Alipay Singapore Holding is going to sell its entire 3.44 per cent stake in Zomato which will help raise__________ .
What is the primary purpose of Qualified Institutional Placement (QIP) for listed companies?
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Match the following nuclear power stations with their correct locations:
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Identify the correct pair for SIDBI’s founding date and headquarters.
What is the title of the book authored by Srinath Raghavan, chronicling Indira Gandhi’s political years?
Khadi and Village Industries Commission (KVIC) has cancelled the “Khadi Certification” of its oldest Khadi Institution named ...
Government compiles estimates of rural and urban income, in terms of Per Capita Net Value Added (NVA), only in the base year of the Gross Domestic Produ...
