1% GST leviable on composition dealers of sweets & namkeens: AAR

  • Blog|News|GST & Customs|
  • < 1 minute
  • By Taxmann
  • |
  • Last Updated on 28 March, 2022

Recent Posts

Blog, News, Account & Audit

Impact of Deferred Tax on the Right of Return of Goods – Ind AS 12

Blog, Advisory, Company Law

[Analysis] SEBI Board Meeting Highlights [Dec. 2024] – Stricter Norms for SME IPOs | Use of AI Tools | Expansion of the UPSI Definition

Latest from Taxmann

GST on sweets and namkeens; Composition taxpayer;

Case Details: Authority for Advance Rulings, Karnataka Chikkaveeranna Sweet Stall., In re - [2022] 136 taxmann.com 92 (AAR - KARNATAKA)

Judiciary and Counsel Details

    • Dr. M.P. Ravi Prasad and T. Kiran Reddy, Member

Facts of the Case

The applicant was running sweet stall and was engaged in manufacturing of sweets and doing counter sale on retail basis. It filed an application for advance ruling to determine applicable rate of GST for the manufacturing of sweet and namkeens and selling the goods over the counter by Composition Dealer.

AAR Held

The Authority for Advance Ruling observed that applicant was a composition taxpayer and engaged in the manufacture of sweets and doing counter sales. As per Notification No. 8/2017-Central Tax, dated June 27th, 2017, an eligible registered manufacturer may opt to pay GST at 1% of turnover in state. Since, the applicant would be manufacturing goods and it would be only doing the counter sales, it can opt to pay GST at one per cent, of the turnover subject to the conditions mentioned in the Notification No. 8/2017 (Central Tax) dated June 27th, 2017.

Disclaimer: The content/information published on the website is only for general information of the user and shall not be construed as legal advice. While the Taxmann has exercised reasonable efforts to ensure the veracity of information/content published, Taxmann shall be under no liability in any manner whatsoever for incorrect information, if any.

Leave a Reply

Your email address will not be published. Required fields are marked *

«
»

Everything on Tax and Corporate Laws of India

To subscribe to our weekly newsletter please log in/register on Taxmann.com

Author: Taxmann

Taxmann Publications has a dedicated in-house Research & Editorial Team. This team consists of a team of Chartered Accountants, Company Secretaries, and Lawyers. This team works under the guidance and supervision of editor-in-chief Mr Rakesh Bhargava.

The Research and Editorial Team is responsible for developing reliable and accurate content for the readers. The team follows the six-sigma approach to achieve the benchmark of zero error in its publications and research platforms. The team ensures that the following publication guidelines are thoroughly followed while developing the content:

  • The statutory material is obtained only from the authorized and reliable sources
  • All the latest developments in the judicial and legislative fields are covered
  • Prepare the analytical write-ups on current, controversial, and important issues to help the readers to understand the concept and its implications
  • Every content published by Taxmann is complete, accurate and lucid
  • All evidence-based statements are supported with proper reference to Section, Circular No., Notification No. or citations
  • The golden rules of grammar, style and consistency are thoroughly followed
  • Font and size that's easy to read and remain consistent across all imprint and digital publications are applied