class="MsoNormal">The Government of Maharashtra, on February 05, 2026, issued the Maharashtra Goods and Services Tax (Fifth Amendment) Rules, 2025, to further amend the Maharashtra Goods and Services Tax Rules, 2017.
The following has been stated namely:-
· After rule 31C, the following rule shall be inserted, namely:- “31D. Value of supply of goods based on retail sale price. – ( 1 ) Notwithstanding anything contained in the provisions of this Chapter, the value of supply of goods bearing the description specified in column ( 3 ), falling under the corresponding Chapter/heading/sub- heading/ tariff item specified in column (2), of the Table below, shall be deemed to be the retail sale price declared on such goods, less the amount of tax as applicable, namely:- Chapter/Heading/Sub-heading/Tariff item - 2106 90 20 and Description of Goods - Pan Masala.
· The amount of applicable tax referred to in sub-rule (1) shall be determined in the following manner, namely:— Tax amount = (Retail sale price X tax rate in % of applicable taxes) / (100+ sum of applicable tax rate).
[Notification No. 20/2025—State Tax]
