AdditionHigh ImpactCGST_ACT_2017
Official PDF (p. 2)CGST_ACT_2017 · Rule 31D / Valuation on RSP
Introduction of Rule 31D in CGST Rules for Determination of Tax Component on Retail Sale Price
Applicable from 2026-12
Attempt Applicability
2026-06:Excluded
2026-12:Applies
Statutory Comparison
Prior PositionPre-amendment
No specific mathematical formula existed under CGST Rules for extracting tax component from Retail Sale Price (RSP).
New PositionAmended
Notification 20/2025-CT introduces Rule 31D prescribing a formula for determining the tax component from the RSP for specified goods.
Affected Syllabus Chapters
direct-and-indirect-taxation
goods-and-services-tax-gst-laws
Code: goods-and-services-tax-gst-laws
Authority Document Reference
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