Exempt/Nil rated
This query is : Resolved
25 November 2020
Dear sir,
Where exempted goods(agricultural produces) are procured by society from farmers and sold outside to help the farmers, whether this will be considered as branding as per GST and chargeable to GST?
Please clarify.
Where exempted goods(agricultural produces) are procured by society from farmers and sold outside to help the farmers, whether this will be considered as branding as per GST and chargeable to GST?
Please clarify.
27 November 2020
Meaning of brand name under GST- "brand name or trade name, that is to say, a name or a mark, such as symbol, monogram, label, signature or invented word or writing which is used in relation to such specified goods for the purpose of indicating, or so as to indicate a connection in the course of trade between such specified goods and some person using such name or mark with or without any indication of the identity of that person, and which is registered under the Trade Marks Act, 1999."
So unless the sold packages contain the brand name of the cooperative society it can not be called branded product.
So unless the sold packages contain the brand name of the cooperative society it can not be called branded product.
28 November 2020
Thank you for the reply sir. So, if exempted goods are sold with a brand name say for eg: TATA SALT whether it is taxable?
Waiting for your reply
Waiting for your reply
28 November 2020
It is not a general rule,it will apply if mentioned so in the GST Tariff. All salt is exempted irrespective of branding.
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
- Supply through E-commerce Operators
- STCG....................................................
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- TAN for Partnership
- Sales return eway bill
- Relief u/s Section 89
- REGARDING GST LIABILITY/....
- Specified Profession
- Is E Way Bill Valid If Transport ID Not Mentioned in PART A But Vehicle details mentioned in PART B
- STCG FOR GOLD ETFs
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
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
