The transaction value for the computation of the value of supply under the Goods and Services Tax (GST) can be rejected if the buyer and seller are related, and the price is not the sole consideration. This provision is in place to prevent related parties from manipulating the transaction value to avoid taxes.
Which of the following cities in India faces monsoon rain first?
Who among the following was the first king of the 'Bam dynasty’ in Shor valley of Kumaon?
In which direction does a freely hanging magnet point?
The third Buddhist council was held under whose President ship?
A new financial inclusion dashboard called ‘Antardrishti’ has been launched and it adopts a multi-stakeholder approach. It is launched by which of t...
Which of the following is the least densely populated place in the world?
Rainfed farming accounts for roughly how much percent of the country's net sown area in India?
The world's oldest pearl town, dating back to the 6th century, was recently discovered revealing artifacts suggesting it was once home to thousands of p...
India’s longest rail-cum-road bridge “Bogibeel” is built over which river?
Which Indian state celebrates the Rann Utsav, also known as the White Desert Festival, annually from the end of November till New Year's February?