Govt notifies GST rate for branded cereal, pulses and flour 

India Infoline News Service | Mumbai | September 21, 2017 18:22 IST

The GST Council, in its 21st meeting held on 9th September, recommended for 5% GST rate on cereals, pulses and flours etc. put up in unit container and bearing a registered brand name, said a Finance Ministry release.

The GST Council, in its 21st meeting held on 9th September, recommended for 5% GST rate on cereals, pulses and flours etc. put up in unit container and bearing a registered brand name, said a Finance Ministry release.
 
A brand registered as on May 15, 2017 shall be deemed to be a registered brand for the purposes of levy of 5% GST, irrespective of whether or not such brand is subsequently deregistered.  A brand registered as on May 15, 2017 under the Copyright Act, 1957 shall also be treated as a registered brand for the purposes of levy of 5% GST, it said.
 
Further, a brand registered as on May 15, 2017 under any law for the time being in force in any other country shall also be deemed to be a registered brand for the purposes of levy of 5% GST.
 
A mark or name in respect of which actionable claim is available shall be deemed to be a registered brand name for the purposes of levy of 5% GST.
 
 Notifications giving effect to the Council’s recommendations relating to changes in GST rates on goods and conditions appended thereto are proposed to be issued on September 22, 2017, it added.

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