Softy Ice-Cream Mix Classified as Sugar-Based, Will Attract 18% GST: AAR Ruling

Last updated: 22 October 2024 Follow on Google News

In a recent ruling, the Rajasthan bench of the GST Authority for Advance Rulings (AAR) determined that the softy ice-cream mix, sold by VRB Consumer Products, is primarily sugar-based, and not a milk product. As a result, it will attract a Goods and Services Tax (GST) rate of 18%. The ruling emphasi

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CCI News Desk

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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