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Tax rate and Accounting Code

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..... sir, pet shop with accommodation services for pets (kennels), training of PETS and services like grooming for pets and medical treatment for PETS are these services taxable. what is the rate and SAC code. - Reply By KASTURI SETHI - The Reply = 998612 Animal husbandry services This service code includes sheep shearing and care and management of herds of farm animals; artificial inseminati .....

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..... on of farm animals; grading of eggs; cleaning of agricultural premises (hen houses, piggeries, etc.); accommodation services for pets (kennels); grooming and tattooing services for pets; training of pet animals; Farm animal husbandry services on inputs owned by others like operation of a farm animal production unit on a fee or contract basis This service code does not include : - services .....

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..... provided by agronomists and agricultural economists, cf. 998311 - veterinary services for pets and other animals, cf. 99835 - training of guard dogs cf. 998529 - recreational riding services, cf. 999652 - training of sport and entertainment animals cf. 999662 - Reply By vignesh VSACCOUNTOPRIVATELIMITED - The Reply = SIR THANK U SIR, IAM NOT ABLE TO GET THE TAX RATES, CAN U .....

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..... PROVIDE ! IN ALL BOOKS AND WEBPAGES 9986 CODE ONLY AVAILABLE - Reply By Abhishek Tripathi - The Reply = 1. Kindly refer Notification No. 11/2017 Central Tax (Rate) dated 28.06.2017 (as amended from time to time). Accommodation services for pets (kennels), training of pet animals, grooming for pets will fall under Heading 9986 [Nil Rate]. On further elaboration to 6 digits vide Annexu .....

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..... re: Scheme of Classification of Services, these services will be under 998612 Animal Husbandry Services. 2. For 998612 reference may be made to SAC Explanatory Notes which states as under: 998612 Animal husbandry services This service code includes sheep shearing and care and management of herds of farm animals; artificial insemination of farm animals; grading of eggs; cleani .....

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..... ng of agricultural premises (hen houses, piggeries, etc.); accommodation services for pets (kennels); grooming and tattooing services for pets; training of pet animals; Farm animal husbandry services on inputs owned by others like operation of a farm animal production unit on a fee or contract basis This service code does not include: - services provided by agronomists and agricultural econom .....

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..... ists, cf. 998311 - veterinary services for pets and other animals, cf. 99835 - training of guard dogs cf. 998529 - recreational riding services, cf. 999652 - training of sport and entertainment animals cf. 999662 3. Veterinary Services will fall under 99835 (Annexure: Scheme of Classification of Services) in Heading 9983 . As per Notification 12/2017 Central Tax (Rate) dated 28 .....

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..... .06.2017 (as amended from time to time), the services are exempted. 4. In short, Accommodation services for pets (kennels) 998612 NIL Rate. Training of pet animals 998612 NIL Rate Grooming for pets 998612 NIL Rate Medical treatment for pets 99835 NIL Rate. Views are strictly academic in nature - Reply By KASTURI SETHI - The Reply = Pl.not .....

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..... e that it will be a composite service (naturally bundled). And major service is training of pets. - Reply By ABHISHEK TRIPATHI - The Reply = It will be composite supply when there are two or more taxable supplies. In case, pets are only coming for grooming is such a situation it cant be called as training of pets. 998612 v. 99835 , highly doubt that training of pets and medical treatmen .....

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..... t does not fall under the definition of composite supply. As they are not naturally bundled and supplied in conjunction with each other in ordinary course of business. For instance, if we go for training of pets then we get medical treatment also, NO , that not being the case, these services are not provided together. (30) composite supply means a supply made by a taxable person to a recipi .....

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..... ent consisting of two or more taxable supplies of goods or services or both, or any combination thereof, which are naturally bundled and supplied in conjunction with each other in the ordinary course of business , one of which is a principal supply; Illustration. - Where goods are packed and transported with insurance, the supply of goods, packing materials, transport and insurance is a comp .....

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..... osite supply and supply of goods is a principal supply; - Reply By vignesh VSACCOUNTOPRIVATELIMITED - The Reply = Thank u Professional's for Clearing my doubt. - Tax rate and Accounting Code - Query Started By: - vignesh VSACCOUNTOPRIVATELIMITED Dated:- 27-2-2021 Goods and Services Tax - GST - Got 6 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, persona .....

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..... l opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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