Retail sale price valuation for specified tobacco goods and a limited rule 86B exemption are introduced under Assam GST amendments. Assam GST Rules are amended by substituting Superintendent of Taxes for Assistant Commissioner in rule 9 and by inserting rule 31D to prescribe valuation of specified tobacco and pan masala goods on the basis of retail sale price, less applicable tax, subject to a defined formula and valuation explanations. Rule 86B is also amended to exempt a registered person other than a manufacturer only for goods covered by rule 31D where tax has been paid by the supplier on retail sale price basis.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Retail sale price valuation for specified tobacco goods and a limited rule 86B exemption are introduced under Assam GST amendments.
Assam GST Rules are amended by substituting Superintendent of Taxes for Assistant Commissioner in rule 9 and by inserting rule 31D to prescribe valuation of specified tobacco and pan masala goods on the basis of retail sale price, less applicable tax, subject to a defined formula and valuation explanations. Rule 86B is also amended to exempt a registered person other than a manufacturer only for goods covered by rule 31D where tax has been paid by the supplier on retail sale price basis.
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