Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

GST rate on Sweet curd

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... sir, please specify the GST rate on sweet curd. Whether it is nil rated or not. with regards - Reply By KASTURI SETHI - The Reply = Curd falling under HSN 0403 90 90 attracts NIL rate of tax. Notification No.2/17-CT(R) dated 28.6.17 as amended (serial no.26) refers. See the title (Heading) of Chapter/Heading 0403 it contains whether added sugar or not ;sweetened or not. Hence sweet curd is a .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... lso covered here and attracts NIL rate of tax. It is worthwhile to mention that Yogurt and Curd are two different goods. Difference is of the processes. - Reply By Ganeshan Kalyani - The Reply = Sweet curd is exempt. - Reply By Shilpi Jain - The Reply = It also depends on how are you naming this product. If we look at the rate notification for goods lassi and curd are exempt. Whereas yogurt i .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... s liable to GST. I was also looking at this aspect and searched in google and noted that yogurt is what we call 'curd' in India. Curd obraod mean something obtained from curdled milk i.e. the process of making paneer. So without getting into all these confusions ensure that the product is named appropriately in the market so that the exemption can be claimed without any dispute. - Reply .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... By YAGAY andSUN - The Reply = Naming of product and classification as per GIR, both are two different aspects in the eye of law. - Reply By Shilpi Jain - The Reply = Agreed sir. I mentioned that in the present case only because youghurt and curd mean almost the same to the Indians. - Reply By Shilpi Jain - The Reply = whereas the rate of taxes are different for both under GST - Reply By KAS .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... TURI SETHI - The Reply = Respected Madam, When process of manufacture is different, character of the goods will be different. Identification is different. Yogurt contains more protein (double) than curd. Yogurt is an industrial product.That is why sweet curd is exempted and yogurt (or yoghurt) is taxable. - GST rate on Sweet curd - Query Started By: - Bibhu Tripathy Dated .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... :- 6-9-2020 Goods and Services Tax - GST - Got 7 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates