The clarification came after many businesses said that
the notification issued by the CBIC has left much
ambiguity and may be subject to multiple
interpretations.
The Finance Ministry has notified GST rates for various
goods sold as pre-packaged and pre-labelled beside
others, which was decided by the 47th GST council
meeting held in Chandigarh.
The notification, said that “expression ‘pre-packaged
and labelled’ means a ‘pre-packaged commodity’ as
defined in clause (l) of section 2 of the Legal
Metrology Act, 2009.
Under the Legal Metrology Act “pre-packaged commodity”
means a commodity which without the purchaser being
present is placed in a package of whatever nature,
whether sealed or not, so that the product contained
therein has a pre-determined quantity.
Experts said that the notification mentioned about
retail sales only, so, the issue is will declaration on
packages of above 25 kgs also required and they sought
clarification from the government.
Saurabh Agarwal, Tax Partner, EY India, said, "The
specified pre-packaged and labelled commodities (without
registered brand name) such as wheat, rice, maize,
makhana, specified flours, etc would be liable to 5% GST
from 18 July 2022 increasing the cost for the customer".
He added that it is important for industry to examine
whether the specified pre-packaged commodities are
required to have a declaration on it under the Legal
Metrology Act, 2009 as the levy of GST on such products
have been linked to the declarations under the said Act.
Small Traders Protests
Trade bodies from across the country have been writing
to the finance minister to withdraw the five percent GST
imposed on unbranded pre-packaged food items.
Sanjay Chhabria, Director Nexdigm, adds," This move is
likely to have adverse implications on the small traders
and retailers who hitherto were outside the GST net and
had neither obtained any GST registration nor undertaken
any compliances".
He added that with such pre-packaged and pre-labelled
food items getting costlier for the end consumers, the
levy could lure them to more established brands, or
prefer items which are loosely sold given that they
continue to be exempt from GST.
Source::: The Economic Time,
dated 17/07/2022.