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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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