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GST ON CHOCOLATES
Why GST restructuring is the need of the hourIndia is one of the few countries to have opted for a more intricate structure, featuring four or more tax slabs. GST slabs in India are 0%...27 Aug, 2023, 10.53 PM IST- High Court rules mango pulp be taxed at 12%Earlier, exporters and businessmen faced problems due to confusion in rates on different forms of mango, like sliced, dried mangoes or mang...23 Sep, 2022, 11.56 PM IST
- GST of 18% applicable on ice creams not 5% from here on: government tells taxmenThe government said that a GST of 18% should be levied on ice creams even when they are sold inside a restaurant. Earlier ice creams attrac...06 Oct, 2021, 08.06 PM IST
- Idli, dosa tax: 18% GST applicable on packaged products that can make food items, rules AARWhile AAR rulings are only applicable to the company that has approached the particular bench, it tends to create a precedent in law, tax e...09 Aug, 2021, 09.18 AM IST
- DGAP finds Nestle profiteered Rs 100 cr, company deposits Rs 16.58 cr in fundAn investigation by the Directorate General of Anti-Profiteering (DGAP) has found that FMCG major Nestle India indulged in profiteering of ...22 Oct, 2018, 08.47 PM IST
- Importers of food, cosmetics to get refund on excess GST“We have told importers that if they have imported goods at 28% and are selling them at 18%, they can claim a refund,” a senior official at...07 Dec, 2017, 08.55 AM IST
- Nestle, Godrej Consumer announce price cutsNestle said it has informed its trade partners that post announcement of reduction in GST rates, it has discounted the relevant products to...23 Nov, 2017, 01.17 AM IST
- Choco cos unwilling to pass on GST cutA rise of Rs 10 a kg in cocoa bean prices cited as reason for not passing on the GST benefit.15 Nov, 2017, 09.49 AM IST
- GST Rates: Items that will continue to be expensiveOnly luxury and sins goods are now only in the highest tax bracket and items of daily use are shifted to 18 per cent.10 Nov, 2017, 10.28 PM IST
- Only 50 items to face 28% GST tax rate: Here are all the detailsThere was unanimity that in 28% category there should be only sin and demerit goods, said Bihar FM Sushil Modi who is at the GST Council me...10 Nov, 2017, 04.22 PM IST
- Only 50 items to face 28% GST tax rate: Here are all the detailsThere was unanimity that in 28% category there should be only sin and demerit goods, said Bihar FM Sushil Modi who is at the GST Council me...10 Nov, 2017, 04.21 PM IST
- Only 50 items to face 28% GST tax rate: Here are all the detailsThere was unanimity that in 28% category there should be only sin and demerit goods, said Bihar FM Sushil Modi who is at the GST Council me...10 Nov, 2017, 04.20 PM IST
- No GST on traditional Rakhi; 5% tax on gold, silver rakhisThe finance ministry has said puja samagri, including holy red thread ‘kalava’, would attract nil GST. Thus, rakhi, which is in the form of...04 Aug, 2017, 12.46 AM IST
- Sweet makers find GST a tough nut to crackAs fruit jellies, mousse, pastries and pies come under the 18% GST slab, some are considering renaming and re-packaging them as sweets to p...26 Jul, 2017, 10.40 AM IST
- Is KitKat a chocolate or a biscuit? A huge increase in classification of various food products under GSTA product might have an identity in itself, but it also has an identity in how we use it, and that use creates the value on which this kind...08 Jul, 2017, 10.14 AM IST
- Staples, daily use items unburdened by GST: Hasmukh AdhiaUnbranded food staples including vegetables, milk, eggs and flour will be exempt from GST along with health and education services.01 Jul, 2017, 01.51 AM IST
- Nestle to cut Maggi ketchup, cerelac, dairy pricesNestle will cut cerelac prices too, and with the reduction in GST rate on milk powders, prices of everyday dairy are expected to reduce 4-5...01 Jul, 2017, 01.22 AM IST
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