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

Quick Summary

For businesses selling sweets and khara with a turnover exceeding ₹1.5 crore in FY2024-25, the GST Composition Scheme is not an option. Instead, the Regular GST Scheme applies. Standard GST rates for sweets and snacks are typically 12%. However, if namkeens are sold without a registered brand name, the GST rate is reduced to 5%.

Venkateshwarlu Pulluri

Venkateshwarlu Pulluri (Querist)
Follow

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

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
Follow

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%.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
Follow

29 September 2025 Good luck..

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now