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RSP-Based Valuation Under GST for Tobacco Products

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RSP-Based Valuation Under GST for Tobacco Products What Changes from 1St February 2026 From 1 February 2026, GST valuation for specified tobacco and tobacco-related products will no longer be based on the actual transaction value. Instead, GST will be computed on the Retail Sale Price (RSP) printed on the package. This change has been notified […]

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