CBIC excludes the manufacturers of aerated waters from the purview of composition scheme

Oct 01, 2019 | by Avantis RegTech Legal Research Team


The Central Board of Indirect Taxes and Customs (CBIC) on September 30, 2019, has excluded the manufacturers of aerated waters from the purview of composition scheme.

However, CBIC amends the Notification No.14/2019-Central Tax, dated March 07, 2019, which specifies that the registered persons shall not be eligible to opt for composition levy, if such person is a manufacturer of the goods mentioned in the Notification, to insert manufacturers of aerated waters, namely:

Sl. No.

Tariff item, subheading, heading or Chapter

Description

(1)

(2)

(3)

1

2105 00 00

Ice cream and other edible ice, whether or not containing cocoa.

2

2106 90 20

Pan masala.

2A

2202 10 10

Aerated Water

3

24

All goods, i.e. Tobacco and manufactured tobacco substitutes.

[Notification No.43/2019-Central Tax]


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