https://www.taxtmi.com/notifications?id=146920 New rule 31D establishes retail sale price-based valuation for specified pan masala, tobacco and inhalation products. Supply value is deemed to be the declared retail sale price less applicable IGST, CGST, SGST or UTGST, determined under the prescribed formula. The highest of multiple declared package prices, any increased declared price, and relevant area-specific prices govern valuation. Registered persons other than manufacturers receive a limited rule 86B exemption only for covered goods where the supplier has paid tax on the retail sale price basis. en-us Fri, 30 Jan 2026 00:00:00 +0530 Tue, 15 Sep 2026 17:39:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=146920 New rule 31D establishes retail sale price-based valuation for specified pan masala, tobacco and inhalation products. Supply value is deemed to be the declared retail sale price less applicable IGST, CGST, SGST or UTGST, determined under the prescribed formula. The highest of multiple declared package prices, any increased declared price, and relevant area-specific prices govern valuation. Registered persons other than manufacturers receive a limited rule 86B exemption only for covered goods where the supplier has paid tax on the retail sale price basis. Notifications GST - States Fri, 30 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/notifications?id=146920