Rule 30 of CGST Rules 2017: Value of Supply of Goods/ Services based on Cost

Provisions under Rule 30 of the Central Goods and Services Tax (CGST) Rules, 2017 relating to “Value of Supply of Goods or Services or both based on Cost”, are as under:

CGST Rule 30: Value of Supply of Goods or Services or both based on Cost (Chapter-IV: Determination of Value of Supply) 

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.

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Note: The CGST Rules 2017 along with the prescribed Forms were initially notified vide Central Tax Notifications 3/2017 dt. 19/06/2017 (Rule 1 to 26), 10/2017 dt. 28/06/2017 (Rules 27 to 138) and 15/2017 dt. 01/07/2017 (Rules 139 to 162). These Rules/ Forms were subsequently amended by CBIC through various Notifications issued from time to time. Information on this page is a Rule-wise compilation of Amendments made by all such Notifications upto 29/12/2021, with best possible efforts for accuracy. In any case, E&OE. For official/ updated information, please visit CBIC website.