The Goods and Services Tax Network has issued a fresh advisory clarifying the valuation mechanism for pan masala sold under the retail sale price (RSP) regime. The move aims to remove ambiguity in tax calculation and strengthen compliance in a segment long viewed as high-risk from a revenue perspective. By reiterating RSP-based valuation norms, the advisory seeks to ensure uniform tax treatment, curb under-reporting, and improve transparency across the supply chain.
