Gst on custom milling of rice
WebNotification No. F 4-6/Food/2016/29-1. - Whereas, the Governor of Chhattisgarh is of the opinion that it is necessary and expedient for the purpose of procuring adequate quantities of the rice for Public Distribution System in the State from the farmers under decentralized procurement scheme through timely custom milling of procured paddy at ... WebWhat is full SAC code of custom milling of paddy to rice. Reply—It would fall under SAC 998816. milling of paddy into rice on job work basis, is liable to GST at the rate of 5%, …
Gst on custom milling of rice
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WebJun 19, 2024 · Circular No. 153/09/2024-GST, was issued clarifying that the supply of service by way of milling of wheat/paddy into flour (fortified with minerals etc. by millers or otherwise)/rice to Government/ local authority etc. for distribution of such flour or rice … http://www.prakharsoftech.com/view-query-answer/query_id=9832
WebNov 21, 2024 · Hence it is clarified that milling of paddy into rice is a supply of service in the nature of job work and therefore liable to GST at the rate of 5%, on the processing charges (not on the entire value of rice). Read … WebClarification on taxability of custom milling of paddy – regarding. - GST - 19/19/2024 Extract ..... on whether custom milling of paddy by Rice millers for Civil Supplies Corporation is liable to GST or is exempted under S. No 55 of Notification 12/2024 - Central Tax (Rate) dated 28th June 2024. 2. The matter has been examined. S.
WebDec 15, 2024 · As per the agreement they have to supply 67% rice from paddy. The by products such as broken rice , rice bran and husk is retained by the rice millers. For … WebDec 23, 2024 · The Central Government vide Circular No. 19/19/2024-GST dated November 20, 2024 has clarified that milling of paddy by Rice millers for Civil Supplies Corporation …
WebOct 10, 2024 · On the issue of service of custom milling of paddy the applicant states that the rate of tax on milling charges of paddy should be 5% (2.5% SGST +2.5% CGST) …
WebNov 20, 2024 · Representations have been received seeking clarification on whether custom milling of paddy by Rice millers for Civil Supplies Corporation is liable to GST or is … spar of a ships sailWebJun 18, 2024 · 21 July 2024 A corrigendum has been issued on 12.07.2024 according to which in my opinion, rate of tax on paddy husk as also rice bran should be 5%. while bran is specifically mentioned in the corrigendum but husk is not but the wordings suggest that husk is a residue obtained from milling and therefore it would be charged @ 5%. tech lighting unilume ledWebSep 23, 2024 · The applicant submits that as per the notification 1/2024 – Central Tax (Rate) dated 28.06.2024, rice put up in unit container and bearing a registered brand name liable for GST @5% and Rice [other than those put up in unit container and bearing a registered brand name] exempt from GST as per the notification No.2/2024 Central Tax (Rate) … spar of a boatWebJul 24, 2024 · Sourav (Student) (24023 Points) Replied 23 July 2024. 998816 is the SAC code. CA Rashmi Gandhi (Chartered Accountant) (83540 Points) Replied 24 July 2024. Sourav , querist get answer and also new query asked by him then what is the sense of replying same sac as mentioned earlier. Please stop giving copied replies on all post just … tech lighting unilume led light barWebSep 30, 2024 · The decision of the Indian government via notification No. 6/2024-Central Tax (Rate), dated July 13th 2024, GST on rice and wheat and other specified commodities will be levied at the rate of 5% if they’re sold in packaged containers. GST on rice may increase the price of rice by Rs. 3/kg to Rs. 5/kg. CONTENTS ; tech lighting unilume led slimlinehttp://www.bareactslive.com/Ch/cg256.htm sp aromaWebJun 17, 2024 · Sub: GST on milling of wheat into flour or paddy into rice for distribution by State Governments under PDS –reg. Certain representations have been received seeking clarification whether … spar of ship