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Pre packaged jaggery not labelled

Suthaniya P (124 Points)

02 September 2024

A palm Jaggery dealer who sells packages containing 10 kg palm jaggery but not making the labelled.It liable to gst?

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Rama chary Rachakonda (Master in Accounts & Lawyer email ID:ramachary64@gmail.com voice no:9989324294) (5148 Points)
Replied 18 September 2024

Yes, a palm jaggery dealer who sells packages containing 10 kg of palm jaggery is liable to GST. Here's why: - GST is applicable on the supply of goods, which includes food items like palm jaggery. - The dealer is selling packaged palm jaggery, which is a taxable supply under GST. - The threshold exemption limit for GST registration is Rs. 40 lakhs (Rs. 20 lakhs for special category states). If the dealer's annual turnover exceeds this limit, they need to register for GST. - Even if the dealer is not registered, they are still liable to pay GST on their sales. However, they may not be able to pass on the GST burden to customers. - It's important to note that the dealer should comply with GST regulations, including issuing invoices, filing returns, and paying GST on their sales. Additionally, the dealer should also comply with labeling regulations under the Food Safety and Standards Act, 2006, and the Legal Metrology Act, 2009, which require them to label the packages with certain details like weight, price, and ingredients. Please consult a tax professional or chartered accountant to ensure compliance with GST and other regulatory requirements.

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Rama chary Rachakonda (Master in Accounts & Lawyer email ID:ramachary64@gmail.com voice no:9989324294) (5148 Points)
Replied 18 September 2024

Yes, a palm jaggery dealer who sells packages containing 10 kg of palm jaggery is liable to GST. Here's why: - GST is applicable on the supply of goods, which includes food items like palm jaggery. - The dealer is selling packaged palm jaggery, which is a taxable supply under GST. - The threshold exemption limit for GST registration is Rs. 40 lakhs (Rs. 20 lakhs for special category states). If the dealer's annual turnover exceeds this limit, they need to register for GST. - Even if the dealer is not registered, they are still liable to pay GST on their sales. However, they may not be able to pass on the GST burden to customers. - It's important to note that the dealer should comply with GST regulations, including issuing invoices, filing returns, and paying GST on their sales. Additionally, the dealer should also comply with labeling regulations under the Food Safety and Standards Act, 2006, and the Legal Metrology Act, 2009, which require them to label the packages with certain details like weight, price, and ingredients. Please consult a tax professional or chartered accountant to ensure compliance with GST and other regulatory requirements.

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