Supply of sealed fruit bowl containing cut fresh fruits without addition of any preservatives to be taxed at 5%

Supply of sealed fruit bowl containing cut fresh fruits without addition of any preservatives to be taxed at 5%

Deepak Gupta | Aug 11, 2021 |

Supply of sealed fruit bowl containing cut fresh fruits without addition of any preservatives to be taxed at 5%

Supply of sealed fruit bowl containing cut fresh fruits without addition of any preservatives to be taxed at 5%

The applicant has sought advance ruling in respect of the following question:

1. Appropriate HSN Code applicable to supply of

i. Fruit bowl containing only cut fresh fruits (Individually or mixture of different fruits)

ii. Fruit bowl containing both cut fresh fruit and dry fruits and nuts.

2. GST tax rate applicable for each of the classified goods above?

3. Eligibility to input tax credit of GST paid on plant and machinery and expenses relating to the business in case the end product is classified as belonging to 0% tax rate under GST?

R U L I N G

1. (a)  (i) Supply of sealed fruit bowl containing only cut fresh fruits without addition of any preservatives or additives which are sold under brand name is covered under entry no.59 of Schedule I of Notification No. 1/2017 – Central Tax (Rate) dated 28.06.2017 vide HSN 1106 and is liable to tax @2.5% under CGST Act and 2.5% under the SGST Act, 2017.

(ii) The Fruit bowl containing both cut fresh fruits and dry fruits and nuts is taxable at rate applicable to the supply of dry fruits and nuts.

(b) As already discussed, the tax rate applicable on dry fruits and nuts cannot be provided as the exact nature of the dry fruit or nut is not provided.

2. The applicant is eligible for input tax credit on the tax paid on the inward supplies of inputs and input sevices involved in the supply which is taxable.

StudyCafe Membership

Join StudyCafe Membership. For More details about Membership Click Join Membership Button
Join Membership

In case of any Doubt regarding Membership you can mail us at [email protected]

Join Studycafe's WhatsApp Group or Telegram Channel for Latest Updates on Government Job, Sarkari Naukri, Private Jobs, Income Tax, GST, Companies Act, Judgements and CA, CS, ICWA, and MUCH MORE!"




Author Bio
My Recent Articles
CBSE Class 12 History Paper Analysis 2024: CBSE Class 12 History Answer Key 2024 Testing Article CA Inter and Foundation Exams to be held thrice a year [ICAI Releases Official Press Release] CA Exams May 2024: 4.36 lakh students to appear for CA Foundation, Intermediate and Final TS SSC 2024 Hall Ticket Released: Telangana Class 10th admit card out, @ bse.telangana.gov.inView All Posts