Reverse charge

Indirect Taxation

How to find value of supply in this ques.. Plz explain..

Riya Goel

CA Inter

★ 4K+

29-Sep-21 08:38

741

Answers (3)

We have to apply Rule 31A. Value of supply shall be 100/128 of the face value of the ticket 'or' of the price notified in the official gazette by the organizing state. whichever is higher.

Shiva Teja

Faculty

29-Sep-21 13:13

Ok sir.. Thank you

Thread Starter

Riya Goel

CA Inter

★ 4K+

29-Sep-21 13:54

Thread Starter

Riya Goel

Ok sir.. Thank you

Most welcome.

Shiva Teja

Faculty

29-Sep-21 13:58