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Applicability of tn vat


T S D ( )     14 February 2013

T S D
 
 21 likes  236 points

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Mr. A started a RO (Reverse Osmosis) plant in Tamil nadu. He supplies packaged mineral water can of 25 Ltrs.

A) Whether excise duty is attracted on manufacture of mineral water?

B) Assuming the turnover is Rs. 1 crore per annum, whether Tamil Nadu VAT applies for the sale?

C) Whether CST apply for interstate sale?

V.Rajalakshmi (proprietrix)     21 February 2013

V.Rajalakshmi
proprietrix 
 8 likes  65 points

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Dear Dinesh

Commodity code applicable to Water is 780 falls under fourth schedule which clearly says 

 water is exempt other than the following

    1 Aerated, mineral, distilled , medicinal , ionic, battery, de-mineralised water and

    2.  water sold in sealed container

therefore mineral water sold in container is taxable. Since it is not appearing in first schedule Part B and C , it will be taxed at maximum rate of 14.5%

Since it is a taxable commodity and CST sales also will suffer a tax

 

Regards

Rajalakshmi.V

 

1 Like
avater

T S D ( )     06 April 2013

T S D
 
 21 likes  236 points

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Dear Rajalakshmi,

Thank you very much.

What about the exice duty?

avater

Ramesh Ponnusamy (GST Practitioner)     15 December 2015

Ramesh Ponnusamy
GST Practitioner 
 43 points

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Commodity code applicable to Water is 780 falls under fourth schedule which clearly says   water is exempt other than the following     1 Aerated, mineral, distilled , medicinal , ionic, battery, de-mineralised water and     2.  water sold in sealed containe

what is the position of distilled water rate of tax , commodity code 

 


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