News
Exchange of Assets Taxability and valuations under GST
- Date:
- April 19, 2018
- Source:
- Taxmann
1. Digging deep into the history of economics, in the earlier times, physical money was not the instrument used to purchase the goods or services. There was a system where the goods and services were availed on the basis of trade of other goods and services in return and, therefore, the consideration was on the basis of trade and not money. Well, of course, old practices are being reinvigora…