For the supply of goods in India, the GST rate is based on the HSN classification of the product. The question is how alcohol based sanitizers must be qualified for VAT.
Many manufacturers and suppliers are classifying alcohol-based hand sanitizers under tariff heading 3004 (subject to 12% GST), while actually it should be under tariff heading 3808 (subject to 18% GST). Misclassification appears to have resulted in substantial evasion of GST.
Source Taxguru
Latest Posts in "India"
- India’s GST E-Invoice Services Temporarily Unavailable for Maintenance
- India Tests E-Invoicing for Recipient-Generated Reverse-Charge Self-Invoices
- India: FICO Urges Punjab to Clear Pending GST and VAT Refunds
- India: CBIC Clarifies Seven GST Issues on Input Service Distributor Mechanism
- India to Revamp GST Return Forms to Reduce Tax Mismatches













