Presentation 09-02-2026
From 1 February 2026, GST on notified tobacco products will be calculated based on Retail Sale Price (RSP), not invoice value.This marks a fundamental shift under Rule 31D, impacting pan masala, tobacco, and cigarettes.Tax liability will now be derived directly from the RSP printed on the pack, irrespective of transaction price.The change also brings relief from Rule 86B cash payment requirements for eligible traders