https://www.taxtmi.com/notifications?id=147543 From 1 February 2026, retail sale price-based valuation applies under rule 31D of the Bihar Goods and Services Tax Rules, 2017, notwithstanding other provisions of the valuation chapter. The value of supply is deemed to be the retail sale price declared on the goods, less applicable tax. The tax amount is calculated by multiplying the retail sale price by the applicable tax rate percentage and dividing the result by 100 plus the sum of applicable tax rates. Exemption from rule 86B applies to a registered person other than a manufacturer only in respect of goods specified under rule 31D on which the supplier has paid tax based on retail sale price. en-us Fri, 16 Jan 2026 00:00:00 +0530 Thu, 05 Nov 2026 11:02:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=147543 From 1 February 2026, retail sale price-based valuation applies under rule 31D of the Bihar Goods and Services Tax Rules, 2017, notwithstanding other provisions of the valuation chapter. The value of supply is deemed to be the retail sale price declared on the goods, less applicable tax. The tax amount is calculated by multiplying the retail sale price by the applicable tax rate percentage and dividing the result by 100 plus the sum of applicable tax rates. Exemption from rule 86B applies to a registered person other than a manufacturer only in respect of goods specified under rule 31D on which the supplier has paid tax based on retail sale price. Notifications GST - States Fri, 16 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/notifications?id=147543