Seeks to notify supplies under section 15(5) of KGST Act for valuation based on Retail sale price (RSP)

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ercise of the powers conferred by sub-section (5) of section 15 of the Karnataka Goods and Services Tax (Amendment) Act, 2017 (Karnataka Act 27 of 2017), the Government on the recommendations of the Council, hereby makes the following amendment in the Government of Karnataka Notification (22/2023) No. FD 20 CSL 2023, dated the 30th September, 2023, published in the Karnataka Gazette, Extraordinary....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ufactured tobacco substitutes; "homogenised" or "reconstituted" tobacco; tobacco extracts and essences (other than biris) 5. 2404 11 00 Products containing tobacco or reconstituted tobacco and intended for inhalation without combustion 6. 2404 19 00 Products  containing  tobacco or  nicotine substitutes and intended for inhalation without combustion Explan....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....sale of any specified goods above in packaged form in different areas, each such retail sale price shall be the retail sale price for the purposes of valuation of the specified goods intended to be sold in the area to which the retail sale price relates. (e) "tariff item", "heading", "sub-heading" and "Chapter" shall mean respectively a tariff item, heading, sub-heading, and Chapter as sp....