A retailer sells a television for ₹85,000 plus the customer's old television. The same new television sells for ₹1,00,000 in an arm's-length cash sale. What is the value of supply under Rule 27 of…

Where consideration is not wholly in money, Rule 27(a) of the CGST Rules, 2017 values the supply at its open market value, here the ₹1,00,000 cash price of the new television. The ₹85,000 paid in money ignores the old set handed over, which is part of the consideration.