GST on branded and mon branded item
This query is : Resolved
10 December 2019
Dear sir/mam
Whether GST will attract for non registered brand i.e, brand which is not registered in trade mark registry.
If iam spelling my cerals which is packed and labelled my entity name could attract GST.
Kindly help me
Whether GST will attract for non registered brand i.e, brand which is not registered in trade mark registry.
If iam spelling my cerals which is packed and labelled my entity name could attract GST.
Kindly help me
CA Anita Bhadra
(Expert)
11 December 2019
No
The Ministry of Finance clarified that for the purposes of Goods and Services Tax (GST) applicability, an item will be deemed to be ‘branded’ if it carries a brand name or trade name that is registered under the Trade Marks Act, 1999.
The Ministry of Finance clarified that for the purposes of Goods and Services Tax (GST) applicability, an item will be deemed to be ‘branded’ if it carries a brand name or trade name that is registered under the Trade Marks Act, 1999.
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11 December 2019
Thanks for your reply mam .
The below is an article related to this issue ,kindly go through it ,they have diff openion
https://economictimes.indiatimes.com/markets/stocks/news/confusion-over-branded-food-gst/articleshow/60472951.cms
The below is an article related to this issue ,kindly go through it ,they have diff openion
https://economictimes.indiatimes.com/markets/stocks/news/confusion-over-branded-food-gst/articleshow/60472951.cms
CA Anita Bhadra
(Expert)
11 December 2019
Yes , this article dt 12 Sep 2017 . Finance Minister clarified definition of Branded Goods in Nov 2018 .
May be after all these confusions , FM had clarified the term branded goods
https://blog.forumias.com/article/finmin-clarifies-definition-of-branded-items-for-gst
May be after all these confusions , FM had clarified the term branded goods
https://blog.forumias.com/article/finmin-clarifies-definition-of-branded-items-for-gst
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