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.
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