I AM MANUFACTURER OF FOOD PRODUCTS, I WANT TO KNOW THE DIFFERENCE BETWEEN 5% AND 12% GST RATE FOR HSN CODE 2106 90
5% SAYS THAT NOT PUT UP IN A UNIT CONTAINER AND
12 % SAYS ABOUT OUT UP IN A UNIT CONTAINER
Reddy Sandeep (Ipcc) (13 Points)
24 November 2021I AM MANUFACTURER OF FOOD PRODUCTS, I WANT TO KNOW THE DIFFERENCE BETWEEN 5% AND 12% GST RATE FOR HSN CODE 2106 90
5% SAYS THAT NOT PUT UP IN A UNIT CONTAINER AND
12 % SAYS ABOUT OUT UP IN A UNIT CONTAINER
Rama chary Rachakonda
(Master in Accounts & high court Advocate email ID:ramachary64@gmail.com voice no:9989324294)
(7339 Points)
Replied 24 November 2021
Under GST, all goods and services transacted in India are classified under the HSN code system or SAC Code system. Goods are classified under HSN Code and services are classified under SAC Code. Based on the HSN or SAC code, GST rates have been fixed in five slabs, namely NIL, 5%, 12%, 18% and 28%.
Rama chary Rachakonda
(Master in Accounts & high court Advocate email ID:ramachary64@gmail.com voice no:9989324294)
(7339 Points)
Replied 24 November 2021
2106 90 | Namkeens, bhujia, mixture, chabena and similar edible preparations in ready for consumption form, other than those put up in unit container and,- (a) bearing a registered brand name; or (b) bearing a brand name on which an actionable claim or enforceable right in a court of law is available [other than those where any actionable claim or enforceable right in respect of such brand name has been foregone voluntarily, subject to the conditions as in the ANNEXURE] | 2.5 | 2.5 | 5 | None | None |
2106 90 | Namkeens, bhujia, mixture, chabena and similar edible preparations in ready for consumption form, other than those put up in unit container and,- (a) bearing a registered brand name; or (b) bearing a brand name on which an actionable claim or enforceable right in a court of law is available [other than those where any actionable claim or any enforceable right in respect of such brand name has been voluntarily foregone, subject to the conditions as specified in the ANNEXURE] | 6 | 6 | 12 | None | None |
Reddy Sandeep
(Ipcc)
(13 Points)
Replied 24 November 2021
I AM MANUFACTURING MURUKU AND SELLING THEM BY PLACING 50 MURUKU IN A JAR, I DON'T HAVE A BRAND NAME, WHICH RATE IS APPLICABLE?
GST LIVE Certification Course - 42nd Weekend Batch(With Govt Certificate)