Goods and Services Tax – GST – By: – V ALAGAPPAN – Dated:- 5-7-2017 – In the first list of GST rates for goods, there was a small confusion as cereals at SL.No: 10 was taxable at NIL rate, (other than those put up in their containers and bearing a Registered brand name) , but the rate for unit packed branded cereals was not given. But everybody came to a conclusion that packed cereals would be taxed at 5%. On the meeting held on 3rd June, 2017 the council fixed the rate at 5%. The following cereals fall under Chapter 10: 1001 Wheat and meslin 1002 Rye 1003 Barley 1004 Oats 1005 Maize (Corn) 1006 Rice 1007 Grain sorghum 1008 Bulk wheat, millet and canary seed, other cereals such as Jawar, Bajara, Ragi Now, tax on Rice has brought a lot of c
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antities were packed in plastic bags, not sealed and not containing preprinted quantities the same cannot be treated as unit container. Hence when quantity is preprinted, quantities packed are uniform and packing is sealed, GST is payable on rice. When pizza was packed in cartons and transported for delivery as per order it was held not as unit container. When pasta was packed in 10Kg packs and two such packs were packed in a large pack, it was held as unit packing. Also when pickles sold in sachets, containing predetermined quantity was held as unit packing. What is registered brand? As per the CBEC classification Fro.B-4/2/2001-TRU dated 02-03-2001 Registered Brand name means a brand name registered under the Trade and Merchandise Mark Ac
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