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    <title>Amendment in Notification No. F.12(11)FD/Tax/2023-64, dated the 20th December, 2023</title>
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    <description>Supplies of specified goods - pan masala; unmanufactured tobacco and tobacco refuse; cigars, cheroots, cigarillos and cigarettes; other manufactured tobacco and substitutes; and tobacco or nicotine inhalation products - shall be valued for tax purposes where a retail sale price is declared on packaged goods. &quot;Retail sale price&quot; is defined as the maximum packaged price to the ultimate consumer inclusive of all taxes and related charges; where multiple or altered prices are declared the maximum or altered price applies; area specific declared prices govern valuation for that area. Tariff nomenclature and interpretation rules of the First Schedule to the Customs Tariff Act, 1975 apply.</description>
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      <description>Supplies of specified goods - pan masala; unmanufactured tobacco and tobacco refuse; cigars, cheroots, cigarillos and cigarettes; other manufactured tobacco and substitutes; and tobacco or nicotine inhalation products - shall be valued for tax purposes where a retail sale price is declared on packaged goods. &quot;Retail sale price&quot; is defined as the maximum packaged price to the ultimate consumer inclusive of all taxes and related charges; where multiple or altered prices are declared the maximum or altered price applies; area specific declared prices govern valuation for that area. Tariff nomenclature and interpretation rules of the First Schedule to the Customs Tariff Act, 1975 apply.</description>
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