Retail sale price valuation governs specified tobacco goods under amended GST rules, with a limited exemption for certain registered persons. Prescribes a special valuation method for specified goods under the Andhra Pradesh Goods and Services Tax Rules, 2017 by inserting rule 31D. For pan masala, unmanufactured tobacco, cigars, other manufactured tobacco products, and products containing tobacco or nicotine substitutes intended for inhalation without combustion, the value of supply is deemed to be the declared retail sale price less the applicable tax. The rule also defines retail sale price and the treatment of multiple, altered, or area-specific declared prices.
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Provisions expressly mentioned in the judgment/order text.
Retail sale price valuation governs specified tobacco goods under amended GST rules, with a limited exemption for certain registered persons.
Prescribes a special valuation method for specified goods under the Andhra Pradesh Goods and Services Tax Rules, 2017 by inserting rule 31D. For pan masala, unmanufactured tobacco, cigars, other manufactured tobacco products, and products containing tobacco or nicotine substitutes intended for inhalation without combustion, the value of supply is deemed to be the declared retail sale price less the applicable tax. The rule also defines retail sale price and the treatment of multiple, altered, or area-specific declared prices.
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