Example: - 9

In a transaction, supply of goods by a firm X to company Y for Rs.10000. The firm X sold the same goods to another customer for Rs.12000. Firm X is not related to the Company Y. What will be the Transaction value?

Ans. The transaction value of the Supply for goods is Rs. 10,000 as price actually paid or payable irrespective of value of supply what they sale to others. Because the two conditions supplier and recipient are not related and price is the sole consideration is satisfied specified under Section 15 has been satisfied.