Residual method for determination of value of supply of goods or services or both
Rule 31 of the Central Goods and Services Tax Rules, 2017 deals with residual method for determination of value of supply of goods or services or both. Where the value of supply of goods or services or both cannot be determined under rules 27 to 30, the same shall be determined using reasonable means consistent with the principles and the general provisions of section 15 and the provisions of this Chapter: Provided that in the case of supply of ser The Act came into force on 22 Jun 2017.
Where the value of supply of goods or services or both cannot be determined under rules 27 to 30, the same shall be determined using reasonable means consistent with the principles and the general provisions of section 15 and the provisions of this Chapter:
Provided that in the case of supply of services, the supplier may opt for this rule, ignoring rule 30 .
Rule 31, The Central Goods and Services Tax Rules, 2017 (Act G.S.R. 610(E) of 2017).
Cross-references
Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.
This section refers to
Referred to by 9
- r. 21A Suspension of registration
- r. 36 Documentary requirements and conditions for claiming input tax credit
- r. 46 Tax invoice
- r. 49 Bill of supply
- r. 50 Receipt voucher
- r. 51 Refund voucher
- r. 52 Payment voucher
- r. 53 Revised tax invoice and credit or debit notes
- r. 89 Application for refund of tax, interest, penalty, fees or any other amount
Questions about Rule 31
What does Rule 31 of the Central Goods and Services Tax Rules deal with?
Rule 31 of the Central Goods and Services Tax Rules is headed "Residual method for determination of value of supply of goods or services or both". Where the value of supply of goods or services or both cannot be determined under rules 27 to 30, the same shall be determined using reasonable means consistent with the principles and the general provisions of section 15 and the provisions of this Chapter: Provided that in the case of supply of ser
How do I find court cases under Rule 31 of the Central Goods and Services Tax Rules?
In judgments and charge sheets this rule is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: CGST Rules 2017 31, rule 31 CGST Rules 2017, rule 31 of the Central Goods and Services Tax Rules. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.
What should I read with Rule 31 of the Central Goods and Services Tax Rules, and has it changed?
Its own text turns on rule 15 (Extension in period of operation by casual taxable person and non-resident taxable person), so none of them can safely be read on its own. 9 other provisions in this corpus refer back to it.
When did Rule 31 of the Central Goods and Services Tax Rules come into force?
Rule 31 of the Central Goods and Services Tax Rules, cited as CGST Rules 2017 31, came into force on 22 Jun 2017, having been enacted on 19 Jun 2017. It is in force as at the date shown on this page.
Other rules of this Act
- 89. Application for refund of tax, interest, penalty, fees or any other amount3731 words
- 43. Manner of determination of input tax credit in respect of capital goods and reversal thereof in certain cases3015 words
- 138. Information to be furnished prior to commencement of movement of goods and generation of e-way bill2970 words
- 42. Manner of determination of input tax credit in respect of inputs or input services and reversal thereof2706 words
- 164. Procedure and conditions for closure of proceedings under section 128A in respect of demands issued under section2150 words
- 8. Application for registration2144 words
Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Parsed from the consolidated PDF published by CBIC at taxinformation.cbic.gov.in. The provision list against which this parse was checked comes from the same portal, so a rule the document omits is still recorded. This page is not a substitute for legal advice.