Central GST won't apply on items not registered under trademark law

  • Central GST won't apply on items not registered under trademark law
06-07-2017 | Pratidin Bureau. |

The government said 5 per cent Central GST will not apply to products that are not registered under the Trade Marks Act.

The finance ministry on Wednesday clarified that goods exempt under the Goods and Services Tax (GST) will attract a levy of 5% only if such items are sold as packaged goods bearing a registered brand name.

Finance ministry in a statement said CGST rate on supply of certain goods such as paneer, natural honey, wheat, rice and other cereals, pulses, flour of cereals and pulses is zero.

However, supply of such goods, when put up in unit container and bearing a registered brand name would attract 2.5 per cent CGST.

The clarification comes amid doubts being raised with regard to the meaning of registered brand name for the purpose of GST.

The GST has come into effect from July 1. It has subsumed several indirect taxes such as excise duty, VAT and sales tax. 

 

Tags : GST CGST Finance Ministry trademark law


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