Off The Cuff

“No GST on papad, whatever its size”: Tax body corrects Harsh Goenka

September 1, 2021
Sezarr

Harsh Goenka’s post claims that a round papad is exempt from tax while a square papad is not

New Delhi:

Papad, irrespective of its shape or name, is exempted from GST, the indirect taxation agency of the government today clarified after a social media post that a round papad is exempted from tax while a square type would attract it. does.

Social media posts had pictures of round and flattened papads placed next to each other. Sharing the post Harsh Goenka, Chairman, RPG Enterprises tweeted, “Did you know that a round papad is exempt from GST and a square papad attracts GST? Can anyone suggest a good chartered accountant who can give me reasoning. Can you explain?”

Responding to a few questions on how he got this information, Mr. Goenka said that a friend had told him.

Responding to the post, the Central Board of Indirect Taxes and Customs, which is responsible for indirect taxation in the country, clarified through its official handle, “Papad, by whatever name known, entry number of GST Notification. 96 through 96. No. 2/2017-CT(R) This entry does not discriminate on the basis of size of papad. This notification is available at http://cbic.gov.in.”

The Goods and Services Tax or GST was implemented in July 2017 and subsumed all central excise and local duties. GST is a destination based tax on the consumption of goods and services.

The Goods and Services Tax replaced excise duty, service tax, surcharge and cess, sales tax, state value added tax (VAT) and other taxes with a single tax.

GST is applicable on all goods and services except alcoholic beverages and petroleum products.

.

Leave a Reply