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Gst on raw fruits

alim dada (134 Points)

22 October 2024

sir. Raw fruits (kaccha fruits) per gst Rate kya hai sir. ager clint composition scheme Ho tu tax exempted hai na nahi ? aur regular me hai tu kya tax rate hai please batayiye. sirf raw fruits ka hi business hai. ( raw fruits direct farmers se leker whole sale aur retail me logon ko sale karte hain )

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10 Replies

Rama chary Rachakonda (Master in Accounts & high court Advocate) (8358 Points)
Replied 22 October 2024

GST Rates for Raw Fruits: - Zero-rated: Most raw fruits are exempt from GST.

However, some fruits like mangoes, pears, and cherries attract a 5% GST rate under the reverse charge mechanism. Composition Scheme: - I

f your client is under the composition scheme, they need to pay tax at a flat rate of 1% to 5% of their turnover, depending on the state.

However, raw fruits are exempt from GST, so they won't need to pay tax on those. Regular Scheme:

- If your client is under the regular scheme, they need to pay tax at the applicable rate. For raw fruits, it's mostly zero-rated or 5% under reverse charge.

Note that these rates and exemptions might change, so always check the latest GST notifications and consult a tax expert for specific advice.

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Rama chary Rachakonda (Master in Accounts & high court Advocate) (8358 Points)
Replied 22 October 2024

GST Rates for Raw Fruits: - Zero-rated: Most raw fruits are exempt from GST.

However, some fruits like mangoes, pears, and cherries attract a 5% GST rate under the reverse charge mechanism. Composition Scheme: - I

f your client is under the composition scheme, they need to pay tax at a flat rate of 1% to 5% of their turnover, depending on the state.

However, raw fruits are exempt from GST, so they won't need to pay tax on those. Regular Scheme:

- If your client is under the regular scheme, they need to pay tax at the applicable rate. For raw fruits, it's mostly zero-rated or 5% under reverse charge.

Note that these rates and exemptions might change, so always check the latest GST notifications and consult a tax expert for specific advice.

Rama chary Rachakonda (Master in Accounts & high court Advocate) (8358 Points)
Replied 22 October 2024

GST Rates for Raw Fruits: - Zero-rated: Most raw fruits are exempt from GST.

However, some fruits like mangoes, pears, and cherries attract a 5% GST rate under the reverse charge mechanism. Composition Scheme: - I

f your client is under the composition scheme, they need to pay tax at a flat rate of 1% to 5% of their turnover, depending on the state.

However, raw fruits are exempt from GST, so they won't need to pay tax on those. Regular Scheme:

- If your client is under the regular scheme, they need to pay tax at the applicable rate. For raw fruits, it's mostly zero-rated or 5% under reverse charge.

Note that these rates and exemptions might change, so always check the latest GST notifications and consult a tax expert for specific advice.

Rama chary Rachakonda (Master in Accounts & high court Advocate) (8358 Points)
Replied 22 October 2024

GST Rates for Raw Fruits: - Zero-rated: Most raw fruits are exempt from GST.

However, some fruits like mangoes, pears, and cherries attract a 5% GST rate under the reverse charge mechanism. Composition Scheme: - I

f your client is under the composition scheme, they need to pay tax at a flat rate of 1% to 5% of their turnover, depending on the state.

However, raw fruits are exempt from GST, so they won't need to pay tax on those. Regular Scheme:

- If your client is under the regular scheme, they need to pay tax at the applicable rate. For raw fruits, it's mostly zero-rated or 5% under reverse charge.

Note that these rates and exemptions might change, so always check the latest GST notifications and consult a tax expert for specific advice.

Rama chary Rachakonda (Master in Accounts & high court Advocate) (8358 Points)
Replied 22 October 2024

GST Rates for Raw Fruits: - Zero-rated: Most raw fruits are exempt from GST.

However, some fruits like mangoes, pears, and cherries attract a 5% GST rate under the reverse charge mechanism. Composition Scheme: - I

f your client is under the composition scheme, they need to pay tax at a flat rate of 1% to 5% of their turnover, depending on the state.

However, raw fruits are exempt from GST, so they won't need to pay tax on those. Regular Scheme:

- If your client is under the regular scheme, they need to pay tax at the applicable rate. For raw fruits, it's mostly zero-rated or 5% under reverse charge.

Note that these rates and exemptions might change, so always check the latest GST notifications and consult a tax expert for specific advice.

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Rama chary Rachakonda (Master in Accounts & high court Advocate) (8358 Points)
Replied 22 October 2024

GST Rates for Raw Fruits: - Zero-rated: Most raw fruits are exempt from GST.

However, some fruits like mangoes, pears, and cherries attract a 5% GST rate under the reverse charge mechanism. Composition Scheme: - I

f your client is under the composition scheme, they need to pay tax at a flat rate of 1% to 5% of their turnover, depending on the state.

However, raw fruits are exempt from GST, so they won't need to pay tax on those. Regular Scheme:

- If your client is under the regular scheme, they need to pay tax at the applicable rate. For raw fruits, it's mostly zero-rated or 5% under reverse charge.

Note that these rates and exemptions might change, so always check the latest GST notifications and consult a tax expert for specific advice.

Rama chary Rachakonda (Master in Accounts & high court Advocate) (8358 Points)
Replied 22 October 2024

GST Rates for Raw Fruits: - Zero-rated: Most raw fruits are exempt from GST.

However, some fruits like mangoes, pears, and cherries attract a 5% GST rate under the reverse charge mechanism. Composition Scheme: - I

f your client is under the composition scheme, they need to pay tax at a flat rate of 1% to 5% of their turnover, depending on the state.

However, raw fruits are exempt from GST, so they won't need to pay tax on those. Regular Scheme:

- If your client is under the regular scheme, they need to pay tax at the applicable rate. For raw fruits, it's mostly zero-rated or 5% under reverse charge.

Note that these rates and exemptions might change, so always check the latest GST notifications and consult a tax expert for specific advice.

Rama chary Rachakonda (Master in Accounts & high court Advocate) (8358 Points)
Replied 22 October 2024

GST Rates for Raw Fruits: - Zero-rated: Most raw fruits are exempt from GST.

However, some fruits like mangoes, pears, and cherries attract a 5% GST rate under the reverse charge mechanism. Composition Scheme: - I

f your client is under the composition scheme, they need to pay tax at a flat rate of 1% to 5% of their turnover, depending on the state.

However, raw fruits are exempt from GST, so they won't need to pay tax on those. Regular Scheme:

- If your client is under the regular scheme, they need to pay tax at the applicable rate. For raw fruits, it's mostly zero-rated or 5% under reverse charge.

Note that these rates and exemptions might change, so always check the latest GST notifications and consult a tax expert for specific advice.

Rama chary Rachakonda (Master in Accounts & high court Advocate) (8358 Points)
Replied 22 October 2024

GST Rates for Raw Fruits: - Zero-rated: Most raw fruits are exempt from GST.

However, some fruits like mangoes, pears, and cherries attract a 5% GST rate under the reverse charge mechanism. Composition Scheme: - I

f your client is under the composition scheme, they need to pay tax at a flat rate of 1% to 5% of their turnover, depending on the state.

However, raw fruits are exempt from GST, so they won't need to pay tax on those. Regular Scheme:

- If your client is under the regular scheme, they need to pay tax at the applicable rate. For raw fruits, it's mostly zero-rated or 5% under reverse charge.

Note that these rates and exemptions might change, so always check the latest GST notifications and consult a tax expert for specific advice.

sabyasachi mukherjee (27797 Points)
Replied 23 October 2024

Packaged items and branded items are subject to gst

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