CGST Rule 30: Value of Supply of Goods/ Services based on Cost

Provisions under Rule 30 of CGST Rules, 2017 relating to “Value of Supply of Goods or Services or both based on Cost”:

CGST Rule 30: Value of Supply of Goods or Services or both based on Cost (Chapter IV: Determination of Value of Supply) [*1]

Where the value of a supply of goods or services or both is not determinable by any of the preceding rules of this Chapter, the value shall be one hundred and ten percent of the cost of production or manufacture or the cost of acquisition of such goods or the cost of provision of such services.

Notes (History of Amendments in Bare Text):

1. CGST Rule 30 introduced vide Notification 10/2017, effective 01/07/2017.