GSTN issues advisory on RSP-based GST valuation for tobacco products, clarifying reporting for e-invoicing and compliance ahead of February 2026 rollout.

GST Network has issued an advisory on reporting retail sale price-based valuation for tobacco products like pan masala in e-Invoice, e-Way Bill, GSTR-1, and Invoice Furnishing Facility. This move, ...

The GST Council has introduced a significant procedural change in the GSTR-9 Annual Return for FY 2024–25, aimed at improving accuracy and reducing ambiguity in Input Tax Credit (ITC) disclosures. The ...