Is GST registration compulsary for Dairy products?

Is GST registration compulsary for Dairy products?

 697 total views

Is GST registration compulsary for Dairy products?

If yes,Please guide me the GST rate applicability.
Opinion :
GST is applicable on dairy products.
The rates are aa under :
Dairy Products under 5% GST Rate :
Ultra High Temperature (UHT) milk, Cream, Whey (irrespective of concentrated or containing added sugar or other sweetening matter, Milk and cream (concentrated or containing added sugar or other sweetening matter including skimmed milk powder, milk food for babies, excluding condensed milk) Products consisting of natural milk constituents), yogurt, kephir and other fermented or acidified milk and cream (concentrated or not or containing added sugar or other sweetening matter or flavoured or containing added fruit, nuts or cocoa or not), Chena or paneer packed in unit container with a registered brand name.
Birds’ eggs (out of shell, egg yolks, fresh, dried, cooked by steaming or by boiling in water, frozen, moulded, or preserved in any way (whether or not containing added sugar or other sweetening matter), Natural honey which is packed in unit containers with a registered brand name, Edible products of animal origin which are not specified or included anywhere else.
12% GST Rate Dairy Products :
Butter and other fats like ghee & butter, oils derived from milk, dairy spreads and Cheese
Dairy Products with 18% GST Rate
Only Condensed milk comes under the category of 18% GST.
28% GST Rate Dairy Products
None.
As of now, there are no milk or dairy products, including egg, honey and other edible products of animal origin, that attract 28% GST rate. None.

Leave a Comment

Your email address will not be published.

the taxtalk

online portal for tax news, update, judgment, article, circular, income tax, gst, notification Simplifying the tax and tax laws is the main motto of the team tax talk, solving