What is the rate of tax for sweet and khara if sale exceeds 1.5 crore turnover per anum in FY2024-25
This query is : Resolved
10 April 2025
Good morning sir/s, what is the rate of tax for sweet and khara whose sale exceeds 1.5 crore in FY2024-25 who is in composite and paying 1% tax
10 April 2025
GST Composition Scheme: Not applicable if turnover exceeds ₹1.5 crore.
Regular GST Scheme: Applicable if turnover exceeds ₹1.5 crore, with standard GST rates typically at 12% for sweets and snacks. However, those with unregistered brand names for namkeens are charged a GST rate of 5%.
Regular GST Scheme: Applicable if turnover exceeds ₹1.5 crore, with standard GST rates typically at 12% for sweets and snacks. However, those with unregistered brand names for namkeens are charged a GST rate of 5%.
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