Dog and Cat Foods Taxed at 18% GST Under Heading 2309, According to Residual Entry S. No. 453.
News
GST
GST Rates – HSN Code – Dog or cat foods fall under heading 2309 and attracts 18% GST un
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Wet Dates Classified Under Heading 0804, Subject to 12% GST Rate According to Tax Regulations.
News
GST
GST Rates – HSN Code – Wet dates fall under heading 0804 and attract 12% GST.
TMI U
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Nail Polish, Any Size or Quantity, Falls Under GST Heading 3304 with a 28% Tax Rate.
News
GST
GST Rates – HSN Code – Nail Polish [whether in large quantities say 50 to 100 litres or in retail
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Nil GST on Puja Samagri and Kalava Rakhis; Other Rakhis Taxed Based on Material Composition.
News
GST
GST Rates – HSN Code – Puja samagri, including kalava (raksha sutra) attracts Nil GST. –
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GST Rates: Soaps and Organic Products at 18%, Except Sub-heading 3401 30 and Heading 3402 at 28.
News
GST
GST Rates – HSN Code – Soaps; organic surface active products and preparations for use and soaps, in form of bars, cakes, moulded pieces or shapes falling under heading 3401 [except 3401 30] attract 18% GST. – Other organic surface active products and preparations falling under sub-heading 3401 30 and organic surface active agents and preparations falling under heading 3402 attract
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Water Filters and Purifiers Classified Under Heading 8421, Subject to 18% GST Rate.
News
GST
GST Rates – HSN Code – Filters or Water Purifiers fall under heading 8421 and attract 18% GST.
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Silk, cotton, and manmade filament sarees and dhotis taxed at 5% GST under specific HSN codes.
News
GST
GST Rates – HSN Code – Sarees and dhoti – of Silk, Woven fabrics of silk sarees (HSN co
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Zero Percent GST on Maize Seed Quality Classified Under Heading 1005.
News
GST
GST Rates – HSN Code – Maize [of seed quality] fall under heading 1005 and attract Nil GST.
TMI Updates – Hi
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Idli Dosa Batter classified under HSN 2106, attracts 18% GST as a food mix.
News
GST
GST Rates – HSN Code – Idli Dosa Batter (Wet Flour) [as food mixes] falls under heading 2106 and attracts
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Iron/Steel Structures Under HSN 7308, Aluminum Under 7610; Both Attract 18% GST, Including Solar Panel Mounts.
News
GST
GST Rates – HSN Code – Structures of iron or steel fall under heading 7
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Kulfi Falls Under HSN Heading 2105, Subject to 18% GST Rate.
News
GST
GST Rates – HSN Code – Kulfi is classifiable under heading 2105 and attracts 18% GST.
TMI Updates – Highlights, quick notes, marquee, annotation, news, alerts
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Lac Bangles Taxed at 3% GST Under Heading 7117: Jewelry Classification Update. = = = = = = = = Plain text (Extract) only = = = = = = = =
News
GST
GST Rates – HSN Code – Lac or shellac bangles are classifiable under heading 7117 and attract 3% GST.
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Sale of Products after Introduction of GST
GST
Dated:- 4-8-2017
On account of implementation of GST there may be instances where the retail sale price printed on pre-packaged commodity is required to be changed. The Department has therefore issued an order according to which, manufacturers/packers/importers of pre-packaged commodities are to declare the revised retail sale price (MRP), by way of stamping or putting sticker or online printing, as the case may be, on the unsold stock
Manufactured/packed/imported prior to 1st July, 2017, if any, in addition to the existing retail sale price (MRP), for three months i.e. upto 30th September, 2017. Use of un-exhausted packaging material/wrapper has also been allowed upto 30th Septe
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Profiteering measure according to which any reduction in rate of tax on any supply of goods or services or the benefit of input tax credit shall be passed on to the recipient by way of commensurate reduction in prices and the Central Government may constitute an Authority to examine the same. Many business entities have reduced the prices of their goods and services in view of lower GST rates under the GST regime. They have been publishing these revised rates in leading new dailies from time to time for consumer benefit.
The Department has already issued an advertisement in the Newspaper regarding MRP aspects and the final price to protect consumer interests. The Department is also doing the outdoor publicity through creatives on MRP after
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Constitution of Sectoral Groups on GST
GST
Dated:- 4-8-2017
The Goods and Services Tax (GST) Council in its 14th meeting held on 18-19 May, 2017 approved the constitution of eighteen sectoral groups to ensure smooth roll-out of GST.
The Council has received reports from sixteen out of the eighteen sectoral groups. The GST Law Committee comprising of officers of the Central and State Governments have drafted guidance notes based on these reports for some of the sectors.
The eighteen sectoral groups are as follows –
i. Banking, Financial and Insurance Sector
ii. Telecommunication
iii. Exports including EOUs and SEZs
iv. IT/ITES
v. Transport and Logistics
vi. Textiles and Footwear
vii. MSMEs, including job work
viii. Oi
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ITC eligibility for group insurance
Query (Issue) Started By: – RameshBabu Kari Dated:- 4-8-2017 Last Reply Date:- 11-8-2017 Goods and Services Tax – GST
Got 8 Replies
GST
Dear Experts,
One of the company takes the group insurance for their employees. for the payment of premium, company deducting some portion of salary from the employees to pay the insurance premium and Insurance company will provide bill on the company name, not one the employee names. Here company collecting the premium and paying to the insurance company. Can ITC be claim on the insurance by the company as bill received on company name? What are the provisions applicable on this issue ?
Reply By HimansuSekhar Sha:
The Reply:
As per sec 17(5) of the CGST A
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nt, Example: Insurance under Workman Compensation Act, Company can claim ITC.
Trust above clears the doubt.
Regards,
CA Nandan Khambete
Reply By RameshBabu Kari:
The Reply:
Thank you all
Reply By HimansuSekhar Sha:
The Reply:
OK
Sir
Reply By KIRTIKUMAR PUROHIT:
The Reply:
if insurance is taken to fulfill Government obligation in this case ITC available on that policy other wise ITC Not available.
Reply By Ramaswamy S:
The Reply:
Tax paid on any service used for personal consumption is not eligible for ITC (Negative List).
If the service is used in the course of furtherance of business then ITC is allowed.
So it is important to determine whether the service is for furtherance of business or is it for personal consumption.
Rega
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CLEARANCE TO SEZ UNIT UNDER GST
Query (Issue) Started By: – SURYAKANT MITHBAVKAR Dated:- 4-8-2017 Last Reply Date:- 11-8-2017 Goods and Services Tax – GST
Got 8 Replies
GST
While clearnce to SEZ unit without GST.
Is it necessary to clear under LUT under GST.
Reply By HimansuSekhar Sha:
The Reply:
Yes, with LUT or Bond.
As per FAQ: Question 5:
The supplies to a SEZ unit or SEZ developer are treated as zero rated supplies in the GST Law. Then why there is no specific mention in the GST Law about not charging of tax in respect of supplies from DTA unit to a SEZ unit or SEZ developer?
Answer: Yes, supplies made to an SEZ unit or a SEZ developer are zero rated. The supplies made to an SEZ unit or a SEZ developer can be made
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GST to impact welfare schemes: TRS MP
GST
Dated:- 4-8-2017
New Delhi, Aug 4 (PTI) TRS members in the Lok Sabha today demanded that the GST should not be imposed on the existing government schemes, saying it "severely impacted" them as the tax burden has been raised from five to 18 per cent.
Finance Minister Arun Jaitley said he will bring their demand to the notice of the GST council, which meets tomorrow.
With other party members standing by him in support, Jithender R
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STATUS OF TRANSACTION UNDER GST
Query (Issue) Started By: – SURYAKANT MITHBAVKAR Dated:- 4-8-2017 Last Reply Date:- 4-8-2017 Goods and Services Tax – GST
Got 1 Reply
GST
If we received r
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WHAT IS THE HSN CODE OF ALMONDS/ WALNUT CHILKA AND RATE OF TAX UNDER GST
Query (Issue) Started By: – PAWANKUMAR GARG Dated:- 4-8-2017 Last Reply Date:- 4-8-2017 Goods and Services Tax – GST
Got
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gst on raw material of job worker
Query (Issue) Started By: – pawan singhal Dated:- 4-8-2017 Last Reply Date:- 11-8-2017 Goods and Services Tax – GST
Got 4 Replies
GST
can a job worker take ITC credit of raw material in transitioanal provision which he purchased for job work purpose. for example a yarn dying company which are doing job work of yarn . for doing job work of yarn it is also purchased colour and chemical. so can yarn dyeing take deemed credit of GST as per TRANSITION PROVISION of closing stock of chemical on 30th June 2017. chemical gst rate is 18% .
Reply By Nandan Khambete:
The Reply:
Section 2(68) of the CGST Act, 2017 defines job-work as 'any treatment or process undertaken by a person on goods belonging to a
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Job Work under GST
Query (Issue) Started By: – Yatin Bhopi Dated:- 4-8-2017 Last Reply Date:- 11-8-2017 Goods and Services Tax – GST
Got 9 Replies
GST
Dear expert,
We wish to send Product "A" (e.g. 100kg) for job work. To get final product "C" job worker will add Product B (50kg) on his own account (purchase by him) and he will raise tax invoice to us for his processing charges plus cost of Product "B". My query is:
Whether this transaction is in line with Job worker procedure under GST law( since 50% or raw material is procured by job worker himself)
Reply By KASTURI SETHI:
The Reply:
Yes. There is no such restriction on Job worker. Job worker does job work for and behalf of the principal and
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that when proper and due GST is paid in full to Govt. Procedure s are relegated to the background. In pre-GST, such practice was allowed. GST being a new levy, no action on account of procedure lapse will be taken against the assessee. I do not treat it even a procedures lapse.
Reply By Yatin Bhopi:
The Reply:
thanks sir
Reply By KASTURI SETHI:
The Reply:
Do you agree sincerely or just expressed thanks ?
Reply By Yatin Bhopi:
The Reply:
Absulutly I agreed Sir.
Reply By Ramaswamy S:
The Reply:
As the person processing the goods is adding the material and manufacturing the product, he is a supplier of goods and not supplier of services. The tax is payable as goods classified under HSN and not as job work at 18%.
Regards
S.Ramaswam
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Charter of Functions assigned to Directorate General of Goods and Service Tax on introduction of Goods and Services Tax
GST
Dated:- 4-8-2017
No A-11013/18/2015-Ad.IV
Government of India
Ministry of Finance
Department of Revenue
(Central Board of Excise and Customs)
New Delhi, dated the 2nd August, 2017
OFFICE ORDER NO. 09/Ad.IV/2017
Subject: Charter of Functions assigned to Directorate General of Goods and Service Tax on introduction of Goods and Services Tax
In continuation of CBEC's Order No.05/Ad.IV/2015 vide No. A-11013/18/2015Ad-IV dated 27.08.2015, the detailed/modified mandate of DGGST, consequent to the implementation of GST w.e.f. 01.07.2017 will be as under:-
(1) Capacity Building – Developing training m
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d forwarding the suggestions to GST policy wing of CBEC; Coordinating with other Ministries of Centre and various state bodies for organization of outreach programmes and training sessions.
(5) Coordinating with various Directorates of CBEC Central Government Ministries/Departments and State/UT Government Ministries/Departments connected to GST – Examining the issues relating to GST on the basis of inputs received from Directorates of CBEC and other stakeholders and officers and forwarding the suggestions to GST policy wing of CBEC; coordination with State/UT GST policy wing.
(6) Information Technology – Coordination with GSTN, Directorate of System, DGARM and IT Wings of State GST; making suggestion for change in IT system based on feedb
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GST Rates – HSN Code – Queries relating to GST rates received from various sectors have been scrutinised and developed into snort FAQs.
GST
Dated:- 4-8-2017
Queries relating to CST rates received from various sectors
=============
Document 1
FREQUENTLY
ASKED QUESTIONS
S.
2.
Query
GOODS AND SERVICES TAX
Queries relating to GST rates received from various sectors
have been scrutinised and developed into short FAQS.
Reply
S.
No.
What is the HSN code for Mahua Flower and Mohua flowers fall under heading 1212 and attract 5% GST. 12.
its GST rate?
No.
1.
2.
What is the HSN code for Sal Leaves which
is used for making plates and its GST rate?
3.
What is the HSN code for Sabai Grass
(a kind of grass used for making of rope,
baskets, etc.) and its GST rate?
4.
What is the GST rate on Hand Made
Branded Biri?
5.
6.
7.
8.
9.
What is the GST rate on sugarcane
procured by the sugar mills which is
generally fresh and procured directly from
the f
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TAX
MARKET
Khakhra falls under “Namkeens, bhujia, mixture, chabena and
similar edible preparations in ready for consumption form” which is
classifiable under heading 2106 90 and attracts 12% GST.
13. Is NCCD leviable on tobacco products from NCCD shall continue to be levied on tobacco and tobacco
1st July, 2017?
products at the rates as applicable prior to 1″ July, 2017.
Since NCCD is a duty of excise, the valuation for the purposes of
charging NCCD shall be as per the Central Excise Law read with
the Valuation Rules under Central Excise Law.
What will be the method of valuation for
levy of NCCD?
14. What is the GST rate and HSN code of
roasted grams?
15. What is the HSN code and GST rate for
Chilli soaked in butter milk with salt (mor
milagai in Tamil)?
Where the supply of raw cotton is by an agriculturist [as defined
under section 2(7) of the Central Goods and Services Tax Act,
2017] to a registered person, GST will have to be paid by such 16. What is GST rate fo
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or
Rs. 1000 per piece.
Woven fabrics of jute are classifiable under heading 5310
and attract 5% GST, with no refund of unutilised ITC.
Railway wagons are classifiable under heading 8606 and
attract 5% GST, with no refund of unutilised ITC.
Therefore, used railway wagons also attract 5% GST.
Wood in the rough, whether or not stripped of bark or sapwood, or
roughly squared, is classifiable under heading 4403 and attracts
18% GST.
Mutton leg?
20. What is the HSN code and rates
for Coffee?
21.
What is the HSN code and rates for
Sausages?
Roasted grams fall under heading 2106 90 and attract 12% GST.
âš« Vegetables provisionally preserved (for example, by sulphur
dioxide gas, in brine, in sulphur water or in other preservative
solutions), but unsuitable in that state for immediate
consumption are classifiable under heading 0711 and attract
5% GST.
Thus, chilli soaked in butter milk with salt (mor milagai in Tamil)
falls under 0711 and attracts 5% GST.
Plastic bangl
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Rate of taxes on services under GST regime
Query (Issue) Started By: – THYAGARAJAN KALYANASUNDARAM Dated:- 4-8-2017 Last Reply Date:- 4-8-2017 Goods and Services Tax – GST
Got 3 Replies
GST
Dear Expert,
Could you provide the rate of taxes under GST for the following services.
He is the Travel Agent.
1. Where the air ticket is booked by the sub-agent and is getting the bills from the main agent for ₹ 8000/- inturn he charge ₹ 13000/- to his client on what value he has
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CGST/SGST IS PAYBLE ONLY ON REVERSE CHARGE BASIS
Query (Issue) Started By: – shahid hashmi Dated:- 4-8-2017 Last Reply Date:- 9-8-2017 Service Tax
Got 2 Replies
Service Tax
WHETHER CGST/SGST IS ONLY PAYABLE ON REVERSE CHARGE BASIS BY THE RECIPIENT OF ALL THE SUCH SERVICES AS SPECIFIED VIDE NOTIFICATION NO.13/2017- CENTRAL TAX(RATE) UNDER SECTION 9 OF THE CGST ACT OR IGST WILL ALSO BE PAYABLE UNDER REVERSE CHARGE BY THE RECIPIENT.
Reply By Vamsi Krishna:
The Reply:
IGST is also app
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