Fishing Business

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Student
110 Points Posted on 22 May 2021
In which Situation Gst Applicable on Supply of Fish to Wholesaler, Retailer and also customers ? and which Rate ?
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On 22 May 2021 at 11:32 Report
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Quick Summary
This discussion clarifies when Goods and Services Tax (GST) applies to the supply of fish and at what rate. Fresh, raw fish is generally nil-rated for GST. However, frozen fish is subject to a 5% GST rate. The applicability and rate remain consistent whether supplying to wholesalers, retailers, or end customers.

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GST Practitioner
55067 Points Posted on 22 May 2021
Supply of Frozen fish the GST rate is 5%
Supply of raw (without any preservative ,fresh ) GST is Nil rated.
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On 22 May 2021 at 23:55
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372 Points Posted on 23 May 2021
Gst 5%
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On 23 May 2021 at 11:32

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