GST Rate & HSN Code for Fruits & Dry Fruits - Chapter 8
| HSN Code | Description | Rate (%) |
|---|
| 0813 | Tamarind, dried | 5 |
| 0813 | Fruit, dried, other than that of headings 0801 to 0806; mixtures of nuts or dried fruits of Chapter 8 [other than dried tamarind and dried chestnut(singhada) whether or not shelled or pelled] | 12 |
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Classification of different chocolate products.
| Product | GST Classification |
|---|
| Cooking/Baking Chocolate | Ingredient for food for human consumption - paragraph 38-4(1)(b) (GST-free)2 |
Sugar and sugar confectioneries are taxable under GST, except for cane jaggery. Beet sugar, cane sugar, palmyra sugar and Khansari sugar attract GST at the rate of 5% of taxable value. Refined sugar containing added flavouring or colouring matter and sugar cubes attract 18% GST.
Biscuits below Rs 100 per kg are being subjected to higher GST. Since the implementation of GST and since the time that biscuits were put in 18% GST slab, we have been talking about it to the government. Biscuits below Rs 100 per kg were actually exempted from excise in the earlier tax regime.
Detailed Import Data of cadbury dairy milk
| Date | HS Code | Description |
|---|
| Sep 10 2014 | 18063100 | CADBURY DAIRY MILK BAG 220 GR(CHOCOLATE) |
| Sep 10 2014 | 18063100 | CADBURY DAIRY MILK POUCH 440 G(CHOCOLATE) |
| Sep 10 2014 | 18063100 | CADBURY DAIRY MILK POUCH 440G (CHOCOLATE) |
| Sep 10 2014 | 18063100 | CADBURY DAIRY MILK BLOCK 300GR (CHOCOLATE) |
And then of course the tax! How much tax you pay on candy varies upon where you live. Because candy is considered to be a snack, 5% GST is charged in all provinces and territories. Depending on your location, the tax factor may not end there.
Food items: There is no GST on fresh or pasteurized milk, butter milk, curd, chena or paneer, and non-vegetarian items like eggs, chicken, fresh meat, and fresh or chilled fish. Fruits, vegetables, as well as unit container-packed frozen branded vegetables (uncooked or steamed) are also exempt.
Know about the types of GST in India
- Highlights.
- CGST, SGST and IGST are the 3 types of GST in India.
- CGST and SGST are levied on intra-state transactions.
- CGST is collected by the centre and SGST by the state.
- IGST is charged on inter-state goods/services transactions.
GST calculation can be explained by simple illustration : If a goods or services is sold at Rs. 1,000 and the GST rate applicable is 18%, then the net price calculated will be = 1,000+ (1,000X(18/100)) = 1,000+180 = Rs. 1,180.
GST is levied on all transactions such as sale, transfer, purchase, barter, lease, or import of goods and/or services. Transactions made within a single state are levied with Central GST (CGST) by the Central Government and State GST (SGST) by the State governments.
SAC code and
GST rate for Employment services including personnel search, referral service and
labour supply service.
Labour Charges GST SAC Code.
| Service Accounting Code (SAC) | Nature of Service | GST Rate for Labour charges |
|---|
| 998515 | Long- Term staffing (pay rolling) services | 18% |
Reverse Charge Mechanism under GST is a mechanism under which the usual cycle of tax payment is reversed. Under Reverse Charge, the recipient pays to the supplier an amount exclusive of GST, the recipient then pays the GST directly to the Government. RCM is a complex concept that works in select scenarios only.
100 crore should implement e-invoicing from 1st January 2021. From 1st January 2021, all-new Quarterly Return Monthly Payment (QRMP) scheme for taxpayers with AATO of up to Rs. The due date for paying GST and filing GSTR-3B has been notified for the months October 2020 till March 2021: 20th(AATO >Rs.
Some examples of GST/HST exempt goods and services are:
- Used residential housing (GST/HST is only charged on new or "substantially renovated" residential housing.
- Residential rental accommodation if equal to or greater than one month duration.
- Music lessons.
Indirect tax general informationVAT (Value Added Tax) and GST (Goods and Services Tax) are non-U.S. consumption taxes imposed on sales of goods by businesses at each stage of production and distribution.
Goods and Services Tax in India is taxed at four separate rates NIL, 5%, 12% and 18% on medicines and medical supplies. NIL rate is charged on blood and its by-products, and all contraceptives. The highest GST at the rate of 18% is charged only on the medicines, like nicotine gums, which contain nicotine polacrilex.
12/2017, transmission or distribution of electricity by an electricity transmission or distribution utility is taxed at nil rate. 2018, clarifying that the service by way of transmission or distribution by an electricity transmission or distribution utility is exempt from GST under Notification No.
HSN Code 3002
| HS Code | Description | GST% |
|---|
| 300220 | Vaccines for human medicine | 5% |
A New Tax System (Goods and Services Tax) Act 1999 (the GST Act) provides that drugs and medicines are GST-free if they are supplied under the Pharmaceutical Benefits Scheme (PBS).
All healthcare services by a clinical establishment or authorized medical practitioner by way of diagnosis or treatment or care for illness, injury, deformity, abnormality or pregnancy are currently exempt from GST. Once this segregation happens, medicines used during hospitalisation would also attract tax.
Under the GST regime, it is explicit. For example, if a hospital with GST registration buys Rs 100 worth of a medicine from Alpha – where Alpha is a pharma manufacturer/trader – Alpha's invoice to the hospital will be Rs 100 plus 12% GST = Rs 112. The GST collected by Alpha from the hospital is Rs 12.
Mobile phones and mobile accessories in India have been brought under Goods and Services Tax. The GST rate on mobiles is currently 12% irrespective of whether the device is a smartphone or a feature phone. The GST rate on electronic mobile accessories is 18% however other accessories may feature different GST rates.
HSN code stands for “Harmonized System of Nomenclature”. This system has been introduced for the systematic classification of goods all over the world. HSN code is a 6-digit uniform code that classifies 5000+ products and is accepted worldwide.
