My query is what type of rice is GST attracted i am bit confused in this, please give a clarity on this and one of my client is selling cleaned quality of rice of 25kg and 50 kg but no brand name on it does it attract GST,
If the same as brand name and attracts GST, what about the stock before the GST Notification still we need to charge GST on that
23 October 2022
As per the new regulations, all unbranded and pre-packaged items weighing up to 25 kg will attract 5% GST. No GST on 50kg bag of rice. GST applicable on 25kg rice bag. No GST applicable on stock. GST applicable at the time of sale whatever GST is applicable.
CAclubindia
