https://www.taxtmi.com/manuals?id=7972 Rule 31D deems the value of supply for specified tobacco and nicotine-related packaged goods to be the declared retail sale price on the package less the applicable tax. The applicable tax amount is computed as (Retail sale price x applicable tax rate) / (100 + sum of applicable tax rate). Definitions clarify that applicable tax includes IGST/CGST/SGST/UTGST, retail sale price is the maximum declared packaged price inclusive of all taxes, and the maximum or altered declared price governs valuation, with area-specific declared prices applying to supplies in those areas. en-us Sat, 03 Jan 2026 13:17:27 +0530 Sat, 03 Jan 2026 13:17:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=7972 Rule 31D deems the value of supply for specified tobacco and nicotine-related packaged goods to be the declared retail sale price on the package less the applicable tax. The applicable tax amount is computed as (Retail sale price x applicable tax rate) / (100 + sum of applicable tax rate). Definitions clarify that applicable tax includes IGST/CGST/SGST/UTGST, retail sale price is the maximum declared packaged price inclusive of all taxes, and the maximum or altered declared price governs valuation, with area-specific declared prices applying to supplies in those areas. Manuals GST Sat, 03 Jan 2026 13:17:27 +0530 https://www.taxtmi.com/manuals?id=7972