Clarification on seed quality/ no seed quality
This query is : Resolved
03 May 2019
I want to know the clarity of the concept specified as seed quality in HSN and other than seed quality. what is the exact difference? and I want to know it in regards with Tamarind kernel
03 May 2019
Seed quality means products which is usually perceived, used, sold as seed in the ordinary trade parlance. Normally seeds attract nil GST.
03 May 2019
Is it irrespective of the purpose for which the seeds are used? Even if the seeds are not used for sowing purpose still they ll be taxed at nil rate?
03 May 2019
No. It depends upon various factors. Like packing- is it being packed as food items or as seeds. From where it is being sold- from a grocer or from a seed shop. We know the difference between seeds and food items; and there are enough evidence to prove it. The issue needs to be determined at the time of supply- what is being supplied- food item or seeds.
If the product is supplied as seeds, and later not used as seeds by the customer- it is irrelevant for the purposes of GST.
If the product is supplied as seeds, and later not used as seeds by the customer- it is irrelevant for the purposes of GST.
Message likes :
1 times
03 May 2019
So in short suppose I am a seller selling seeds where I know they are going to be used in further processing then I have to tax it
04 May 2019
Actual use is not relevant. The is the purpose for which it is being sold by the supplier.
04 May 2019
Okay. Thankyou for the clarity sir.
27 June 2019
Seed quality does not necessarily mean its ability to germinate. This can be inferred from the term broken or not. Normally most seeds lose its ability to germinate when broken.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- About TDS & Income Tax
- Section 194JA & JB Income which ITR Form to use
- Pass word to open justification report for Q1 for FY 2026-27
- PPF interest-As Exempt Income disclosure
- Under construction property in ITR
- Scrutiny and reopening of past returns
- Booth for sales promotion
- Upload Level ValidationITR3Category of Defect B/D
- Building tax payment deduction in rental Income
- F & O PROFIT REPORTING FOR AY 2026-27
- Difference in GSTR3B system generated which is correct and actual Payment it asks
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
