Gst on custom milling of rice
http://gstbible.com/blog/clarification-on-taxability-of-custom-milling-of-paddy-regarding/ 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 …
Gst on custom milling of rice
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WebNov 28, 2024 · Hence, custom milling being the principal supply attracts 5% GST by virtue of being ‘Composite Supply’ under Chattisgarh Goods and Services Tax Act (CG GST Act, 2024). The advance ruling was requested regarding tax liability in the business of job work activity of custom milling of paddy involving milling activity of transportation of rice ... WebJul 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 …
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%, … 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 …
WebFor Custom Milling the the service charges as fixed by the Central Government is paid on which GST is also paid by the Government. When a rice miller mills additional quantity he is paid Protsahan Rashi (Additional Encouragement Amount) based on quantity milled but the Government is not paying GST on this. WebSubject: Clarification on taxability of custom milling of paddy – regarding. Representations have been received seeking clarification on whether custom milling of paddy by Rice …
WebJun 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 …
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 … how to hide columns in sheetsWebRepresentations have been received seeking clarification on whether custom milling of paddy by Rice millers for Civil Supplies Corporation is liable to GST or is exempted … join scentsy for 25WebOct 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) … how to hide columns in tableauWebAug 21, 2024 · Milling of paddy into rice is not exempt from tax. The process is carried out by millers and not cultivators. Processed products such as tea/ coffee beans/ powder, pulses, jaggery, processed spices, processed dry fruits, processed cashew nuts, etc. are not agricultural produce and therefore the exemption from GST is not available to their ... how to hide columns in sharepoint listWebJun 19, 2024 · CLARIFICATION ON JOB WORK BY WAY OF MILLING OF WHEAT INTO FLOUR OR OF PADDY INTO RICE Circular No. 153/09/2024-GST, 17th June 2024 Introduction: ♦ Job work activity done by way of milling of wheat into flour or of paddy into rice is taxable activity @ 5% under entry 26 of notification no .11/2024 CT-rate 28-06-2024. how to hide columns with plus signWebClarification 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. how to hide columns in word tableWebThe Rate of Tax on usage of Gunny Bags should be taxable at 5% GST as application on supply of gunny bags. ... Limited, the applicant has been allotted the principal job work of Custom Milling of Paddy for manufacturing of rice, and. along with custom milling they will also get the payment towards the transportation of paddy & Rice, usage of ... joins cisco send alexa space offers