https://www.taxtmi.com/acts?id=52292 The value of supply of specified goods under Rule 31D is deemed to be the declared retail sale price of the packaged goods, less the applicable tax. The rule applies to the listed tobacco, tobacco-substitute, and pan masala goods identified by tariff classification, and overrides the general valuation provisions in that Chapter for those goods. The tax component is worked out by the prescribed formula using the retail sale price and the applicable tax rate, with the highest or altered declared price treated as the retail sale price where multiple declarations or revisions exist. en-us Thu, 01 Jan 2026 15:44:51 +0530 Sat, 27 Jun 2026 13:30:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=52292 The value of supply of specified goods under Rule 31D is deemed to be the declared retail sale price of the packaged goods, less the applicable tax. The rule applies to the listed tobacco, tobacco-substitute, and pan masala goods identified by tariff classification, and overrides the general valuation provisions in that Chapter for those goods. The tax component is worked out by the prescribed formula using the retail sale price and the applicable tax rate, with the highest or altered declared price treated as the retail sale price where multiple declarations or revisions exist. Act-Rules GST Thu, 01 Jan 2026 15:44:51 +0530 https://www.taxtmi.com/acts?id=52292