on same day goods sold to "A" 500 quintal and to "B" .
1) A is a related party , A's rate is Rs.75/- per kg.
2) B is not related party B's rate is 65/- Per kg.
3) Above both parties rates are different , but goods quality , & quantity are same
4) Goods selling time ,date are same
In above situation is valuation of supply rules applicable , because , in first case gst amount is more & in 2nd case gst amount is less
Is there any revenue loss for gst Dept.
Is gst dept.will ask to apply method of acquisition cost + 10% for determination value in 2nd case.
Pl.guide us
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