Section 15: Value of taxable supply

Q: What does Section 15 of The State Goods and Services Tax Act, 2017 (Model) (SGST) deal with?

Section 15 SGST pertains to "Value of taxable supply". It is part of the The State Goods and Services Tax Act, 2017 (Model), a legislation enacted by the Parliament of India. Section 15 of The State Goods and Services Tax Act, 2017 (Model) (SGST) governs value of taxable supply. As verified on 22 May 2026.

Q: Is Section 15 SGST still in force?

Yes, Section 15 of the The State Goods and Services Tax Act, 2017 (Model) is currently in force across the Republic of India.

Q: What is धारा 15 SGST?

धारा 15 SGST is the Devanagari Hindi reference for Section 15 of the The State Goods and Services Tax Act, 2017 (Model). Section 15 of The State Goods and Services Tax Act, 2017 (Model) (SGST) governs value of taxable supply. As verified on 22 May 2026.

Q: What is Dhara 15 SGST?

Dhara 15 SGST is the Roman Hindi reference for Section 15 of the The State Goods and Services Tax Act, 2017 (Model). "Dhara" means "Section" in Hindi. Section 15 of The State Goods and Services Tax Act, 2017 (Model) (SGST) governs value of taxable supply. As verified on 22 May 2026.

Q: How to cite Section 15 of The State Goods and Services Tax Act, 2017 (Model)?

Cite as: "Section 15, The State Goods and Services Tax Act, 2017 (Model) (SGST)" in legal briefs. For academic writing, use the BlueBook format: The State Goods and Services Tax Act, 2017 (Model), 2017, § 15 (India).

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(1)

The value of a supply of goods or services or both shall be the transaction value, which is the price actually paid or payable for the said supply of goods or services or both where the supplier and the recipient of the supply are not related and the price is the sole consideration for the supply.

(2)

The value of supply shall include-

(3)

The value of the supply shall not include any discount which is given-

(4)

Where the value of the supply of goods or services or both cannot be determined under sub-section (1), the same shall be determined in such manner as may be prescribed.

(5)

Notwithstanding anything contained in sub-section (1) or sub-section (4) the value of such supplies as may be notified by the Government on the recommendations of the Council shall be determined in such manner as may be prescribed.

Explanation.—For the purposes of this Act,-