Retail Sales Price Based Valuation under GST for Specified Tobacco Products
The CBIC has issued Retail Sales Price Based Valuation under GST for Specified Tobacco Products through issue of Notification No 19/2025-CT dated 31-12-2025 which is applicable from 01-02-2026.
CBIC has notified Retail Sales Price based valuation under GST for Pan Masala , Tobacco and Cigarette Products which will be applicable from 01-02-2026. For the purpose to clarify what is Retail Sales Price , CBIC has clarified the same in the Notification No 19/2025-CT dated 31-12-2025 which are as under:
For the following supply of goods on which retail sale price is declared, Hence for that purpose following has been clarified :
| Sr No | Chapter/ Heading/ Sub heading / Tariff Item | Description of Goods |
| 1 | 21069020 | Pan masala |
| 2 | 2401 | Unmanufactured tobacco; tobacco refuse [other than tobacco leaves] |
| 3 | 2402 | Cigars, cheroots, cigarillos and cigarettes, of tobacco or of tobacco substitutes; |
| 4 | 2403 | Other manufactured tobacco and manufactured tobacco substitutes; homogenised or reconstituted tobacco; tobacco extracts and essences [other than biris]; |
| 5 | 24041100 | Products containing tobacco or reconstituted tobacco and intended for inhalation without combustion; |
| 6 | 24041900 | Products containing tobacco or nicotine substitutes and intended for inhalation without combustion; |
- “retail sale price” means the maximum price declared on goods at which such goods in packaged form may be sold to the ultimate consumer and includes all taxes, duties, surcharge or cess, by whatever name called;
- where on the package of any specified goods more than one retail sale price is declared, the maximum of such retail sale price shall be deemed to be the retail sale price;
- where the retail sale price declared on packages of any specified goods is altered to increase the retail sale price at any stage before, during, or after the supply, such altered retail sale price shall be deemed to be the retail sale price;
- where different retail sale prices are declared on different packages for the 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.
- “tariff item”, “heading”, “sub-heading” and “Chapter” shall mean respectively a tariff item, heading, sub-heading, and Chapter as specified in the First Schedule to the Customs Tariff Act, 1975 (51 of 1975)
- the rules for the interpretation of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), including the Section and Chapter Notes and the General Explanatory Notes of the First Schedule shall, so far as may be, apply to the interpretation of this clause.”
Notification No 19/2025-CT Dated 31-12-2025
