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  Business   Economy  05 Jul 2017  CGST won't apply on items not registered under trademark law

CGST won't apply on items not registered under trademark law

PTI
Published : Jul 5, 2017, 3:48 pm IST
Updated : Jul 5, 2017, 3:48 pm IST

CGST rate on supply of certain goods, such as paneer, natural honey, wheat, rice and other cereals, pulses is nil.

Clarification comes amid doubts being raised with regard to the meaning of registered brand name for the purpose of GST. (Photo: ANI | Twitter)
 Clarification comes amid doubts being raised with regard to the meaning of registered brand name for the purpose of GST. (Photo: ANI | Twitter)

New Delhi: The finance ministry today said that 5 per cent CGST will not apply on products that are not registered under the Trade Marks Act.

"Unless the brand or trade name is actually on the Register of Trade Marks and is in force under the Trade Marks Act, 1999, CGST (Central Goods and Services tax) rate of 5 per cent will not be applicable on the supply of such goods," an official statement said.

 

It said that CGST rate on supply of certain goods, such as paneer, natural honey, wheat, rice and other cereals, pulses, flour of cereals and pulses is nil. However, supply of such goods, when put up in unit container and bearing a registered brand name would attract 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: cgst, trademark law, indirect taxes, goods and service tax, trade marks act
Location: India, Delhi, New Delhi