https://www.taxtmi.com/notifications?id=145662 Amends the Jammu and Kashmir Goods and Services Tax Rules, 2017 by inserting a valuation rule for specified goods, including pan masala and tobacco products, under which the value of supply is deemed to be the retail sale price declared on the goods, less the applicable tax amount calculated by the prescribed formula. The rule defines retail sale price and sets out valuation rules for multiple declared prices, altered prices, and area-specific prices, and also creates a limited exemption from rule 86B for non-manufacturers in respect of such goods where tax has been paid on the basis of retail sale price. en-us Tue, 07 Apr 2026 00:00:00 +0530 Tue, 12 May 2026 18:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=145662 Amends the Jammu and Kashmir Goods and Services Tax Rules, 2017 by inserting a valuation rule for specified goods, including pan masala and tobacco products, under which the value of supply is deemed to be the retail sale price declared on the goods, less the applicable tax amount calculated by the prescribed formula. The rule defines retail sale price and sets out valuation rules for multiple declared prices, altered prices, and area-specific prices, and also creates a limited exemption from rule 86B for non-manufacturers in respect of such goods where tax has been paid on the basis of retail sale price. Notifications GST - States Tue, 07 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/notifications?id=145662