GST Amendments on Tobacco & Pan Masala | Rule 31D | Compensation Cess Nil from 1-02-2026

Описание: GST Amendments – Tobacco & Pan Masala | Rule 31D Valuation & Compensation Cess Update

In this video, we provide a structured and practical analysis of the recent GST amendments impacting tobacco products, pan masala, cigarettes, and biris.

This session covers:

🔹 Introduction of Rule 31D – RSP Based Valuation
🔹 Statutory override of Section 15 (Transaction Value replaced by Deemed Value)
🔹 Computation mechanism for tax from Retail Sale Price (RSP)
🔹 Treatment of multiple RSPs on the same package
🔹 Area-wise RSP clarification
🔹 Increase in RSP at any stage – valuation impact
🔹 Practical examples – Pan Masala (Intra-State) & Cigarettes (Inter-State IGST)
🔹 GST Rate updates (Pan Masala – 20%, Biris – 9%)
🔹 Compensation Cess on tobacco products set to NIL w.e.f. 01-02-2026
🔹 Impact across supply chain – manufacturer to retailer
🔹 Commercial margin settlement outside GST

This amendment introduces a uniform valuation framework and significantly alters compliance methodology for specified goods.

This session is useful for:
• Chartered Accountants
• Tax Practitioners
• GST Consultants
• Manufacturers & Distributors of Tobacco Products
• CA Final Students
• Finance Professionals

Presented by:
CA.S.Ananthalakshmi, Grad CWA, IP, RV
Lingesh CA Finalist
Senthil & Associates – Chartered Accountants
Chennai & Puducherry

For professional consultation:
📧 [email protected]
9884095533

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