The Ministry of Finance (MoF) on December 31, 2025, issued the Central Goods and Services Tax (Fifth Amendment) Rules, 2025 to further amend the Central Goods and Services Tax Rules, 2017.
The following amendments have been stated:
• In the Central Goods and Services Tax Rules, 2017, after rule 31C, the following rule shall be inserted, namely: —
"31D. Value of supply of goods on basis of 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 mentioned in the Table.
• In the said rules, in rule 86B, in the first proviso, after clause (e), the following clause shall be inserted, namely: —
"(f) the registered person other than a manufacturer shall be exempted from the provisions of this rule only in respect of goods specified under rule 31D, on which the tax has been paid by the supplier on the basis of retail sale price:".
[Notification No. 20/2025–Central Tax]
