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GST on Nursery Income

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..... I need an opinion for nursery income for following transactions. 1) Selling of Live Plants 2) Selling of Fruits Vegetables 3) Selling of Live Plants along with Ceramic Pots - Reply By YAGAY andSUN - The Reply = Selling of Live Plants - Nil rate of GST ( Chapter 6 ) Selling of Fruits vegetables - Nil rate of GST ( Chapter 6 ) Selling of Live Plants along with Ceramic Pots - 18% ( Cha .....

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..... pter 69 ) - Reply By Pavan Mahulkar - The Reply = Transaction No.3 May turn out as a Composite Supply supply of live plant being predominant Supply, the supply will be exempted..(NIL Rated) (Presuming that the live plant is attached in the pot) - Reply By YAGAY andSUN - The Reply = It would be better to collect tax and pay to exchequer in relation to Point No. 3, as GST Department may ra .....

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..... ise objection and matter is prone to litigation as value of Ceramic Pots are always on higher side than of cost of the live plant. - Reply By KUNAL DESAI - The Reply = Then it way better to sell pot and plant separately. - Reply By KASTURI SETHI - The Reply = I agree with all the views of M/s. Yagay And Sun, Sirs on the issue. In my view, it is not a situation of naturally bundled. If an .....

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..... yone has any doubt, approach to Advance Ruling Authority. - Reply By Ganeshan Kalyani - The Reply = Yes, it is better to pay tax on point no.3. - Reply By TANAY GHILDIYAL - The Reply = The 3rd point will be fully covered in Nil rated Suppy since Ceramic Earthen pot and clay lamps are Nil Rated in HSN Code 69120040 . The Selling of live Plants along with Ceramic Pots is not a natu .....

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..... rally bundled supply since both can be sold separately. Since both attract Nil rate hence this will be a Nil rated supply. It should be noted that Selling of Live Plants along with Plastic Pots should be checked for GST purpose as it would most probably not be Taxed at Nil Rate - GST on Nursery Income - Query Started By: - KUNAL DESAI Dated:- 6-5-2020 Goods and Services Tax - GST - Got 7 .....

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..... Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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