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Gst rates

Rate / HSN codes 218 views 3 replies

Mohit Nawlani

14 Points Joined June 2017

Hello,
Please clarify on the following,

1.GST rates for rice(1006) under chapter 10 is nil.But it is also stated that those other than put up in a container and bearing a registered brand.This confirms that unbranded rice is nil.

2. under chapter 11 and under 5% rate in entry number 2 it is cleary written that except rice of heading 1006. what does this mean now?

can anyone clarify on this? It is written only for rice and not for others cereals.

thanks.

Replies (3)

CA Rashmi Gandhi

Chartered Accountant

86505 Points Joined April 2011

Rice put up in a container and bearing a registered brand is taxable @ 5%.
Rice other than put up in a container and bearing a registered brand is nil rated.

Mohit Nawlani

14 Points Joined June 2017

with all due respect to you Maam, but for rice the registered brand and unit container thing is not mentioned. under 5% it says clearly except rice. please look into it once again.