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Burden of tax on Heena Manufacturers and Traders under GST

Goods and Services Tax - GST - By: - Pradeep Jain - Dated:- 9-6-2017 - The GST Council at its meeting on May 18, 19 has evolved a consensus on GST rates for goods and services, leading us closer to July 1 implementation. The underlying objective of rate declaration was clear for some time, which is to maintain the current effective indirect tax burden to control inflation and avoid surprises. The government has kept a large number of items under 18% tax slab. The government categorised 1211 item .....

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7.03.2012 under the current regime. Not only this, since no central excise duty was paid by the heena manufacturers due to normal trade practice, the government has recently given retrospective exemption to Heena powder and Henna paste by Notification No. 11/2017-C.E.(N.T.) dated 24.04.2017. This was done by exercise of powers under section 11C of the Central Excise Act, 1944. This retrospective exemption was provided to heena powder and paste cleared from 01.01.2007 to 01.03.2013. Apart from th .....

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