GST rate on rice bran
(Guest)
what's the rate of GST on rice bran which produced oil
5 Replies
anmol
(student)
(52 Points)
Replied 11 July 2017
ricebran hsn code is 23022020
which is in exempted category...
but odisha's people started charging 5% tax on their tax invoice...
I don't no why
which is in exempted category...
but odisha's people started charging 5% tax on their tax invoice...
I don't no why
Suresh Agrawal
(3 Points)
Replied 14 July 2017
according to best of my knowledge in rice bran (hsn code 23022020) is absolutely exemped from GST
SAURABH SRIVASTAVA & CO.
(PRACTISING)
(2 Points)
Replied 09 August 2017
PLESE SEE THE CHAPTER 23 (TARIFF 23022020 IN WHICH IT WAS CLEARLY STATED THAT 5% IGST/2.5% CGST/2.5% SGST OR UTGST:2302: BRAN ,SHARPS AND OTHER RESIDUE ,WHETHER OR NOT IN THE FORM OF PELLETS,DERIVED FROM THE SHIFTING ,MILLING OR OTHER WORKING OF CERALS OR OF LEGUMINIOUS PLANTS(OTHER THAN AQUATIC FEED INCLUDING SHRIMP FEED AND PRAWN FEED ,POULTRY FEED ,INCLUDING GRAS ,HAY AND STRAW ,SUPPLLEMENT AND HUSK OF PULSES ,CONCENTRATES AND ADDITIVES ,WHEAT BRAN AND DE-OILED CAKE)
MEANS THE MATTERS EXPRESSED IN BRAKET IS ONLY EXEMPT BUT RICE BRAN IS TAXABLE @ 5%
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