The GST-Authority for Advance Rulings (Rajasthan bench) has decided that Bebymill was correctly charging 18% GST for its infant milk formula products. The manufacturer asked for the AAR’s opinion, as competitors were charing only 5% for the same products.
Tax experts emphasize that the classification norm should become simpler. Similar products can be exempt (lassi), subject to 12% (flavoured milk) or, according to this decision, 18%.
Source: timesofindia.indiatimes.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "India"
- GST on Hotel Rooms ≤ Rs 7,500: 5% Rate, No ITC for Hotels or Business Travellers
- GSTN Releases Key FAQs on GSTR 9/9C Filing for Financial Year 2024-25
- Supreme Court: VAT Credit Cannot Be Denied Due to Supplier’s Tax Default
- Trickiest countries in which to achieve compliance
- India announces changes in the Invoice Management System
