Stay updated
Late in December 2024, the munchy popcorn found itself in the spotlight amid different tax rates proposed by the GST Council based on its sugar or salt component. As per the clarification, the GST rate on popcorn mixed with salt and spices will be 5%, while it will be 12% on prepackaged and labelled popcorn and 18% on caramelised popcorn.
The AAAR, Chhattisgarh, in the case of Dongarmal Jain, held that the Rejected/Damaged paddy is one that can’t be consumed by human beings as it is not fit for human consumption. Therefore, it would not fall under seed quality and should be placed under HSN 1006 10 90.
The AAR, West Bengal, in the case of In Re: Tamal Kundu [WBAAR 18 of 2023 dated September 13, 2023], held that as per Notification No. 07/2022-Central Tax (Rate) dated July 13, 2022, (“the Notification”) and Press Release dated July 18, 2022…
GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) NOTIFICATION No. 04/2023-Central Tax (Rate) dated the 28th February, 2023 G.S.R. 150(E).— In exercise of the powers conferred by sub-section (1) of section 11 of the Central Goods and Services Tax…
Earlier, there was exemption from GST on Unbranded or Branded Commodities where right on the brand has been foregone which has been done away w.e.f July 18, 2022, and now GST exempted only when it is not a pre-packaged and…
An in-depth analysis of the recent amendment to tax “pre-packaged and labelled” commodities and its impact on Business of various demographics by Partners of Hiregange & Associates LLP – CA Ashish Chaudhary, CA Shilpi Jain & CA Ravi Kumar Somani.…