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Pan Masala Manufacturing, Goods and Services Tax - GST |
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Pan Masala Manufacturing |
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Hello Sir/Ma'am, I want to start a business of Pan Masala Manufacturing (with Brand). I would like to know if I can start my business as an unregistered manufacturer of Pan Masala with a turnover of less than 20 lakhs limit. And what are the licenses and other specifications required to start a Pan Masala manufacturing firm. Hope to get a reply as soon as possible. Posts / Replies Showing Replies 1 to 3 of 3 Records Page: 1
Pan Masala has always been out of Small Scale Scale. If it contains tobacco, then it is not completely out of Central Excise. Govt.'s intention is not to allow exemption to such products. It also remained under Compounded Levy Scheme. Now Govt. Has specifically excluded this from Composition Scheme. Central Excise law procedure is also applicable to tobacco products. So no question of Exemption of 20 lakhs There is a dispute of classification which is pending in Tribunal remanded by back by the Supreme Court.
Better not to opt for Pan Masala Manufacturing if it contains tobacco, because government discourage such products and also planning to impose heavier Sin Tax on such products, better opt for unique products like Peanuts Butter Manufacturing, which is also a great product to export.
Educative, informative, useful and to cap it all practical/realistic by Sh.Kishan Barai, an expert. Page: 1 Old Query - New Comments are closed. |
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