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      Question

      When a transaction of supply of goods/services is made

      between two persons who are not related to each other and price is the sole consideration for the supply, than Value of supply under section 15(1) is _______.
      A Transaction Value Correct Answer Incorrect Answer
      B Market Value Correct Answer Incorrect Answer
      C Wholesale Price Correct Answer Incorrect Answer
      D Maximum Retail Price Correct Answer Incorrect Answer

      Solution

      The correct answer is A

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