‘Lassi’ is classified at HSN 040390 and is exempt from GST.
Authority for Advance Ruling —– Tax on Lassi --– The applicant submitted that their product ‘Lassi’ will be named as ‘Laban’ and sold under Brand name of ‘Elan’ in 4 flavours. The applicant opined subject goods is classifiable under HSN 04039090 and is exempted from GST as they appear at Entry No.26 of Exemption Notification No.2/2017-CT (Rate) dated 28-6-17. The applicant sought Ruling as to whether product manufactured as ‘Lassi’ but named as ‘laban’ can be classified as Lassi under Description of Goods; is the goods taxable or exempted; if exempted, HSN of the Product and rate of tax on product; if taxable, HSN of product and rate of tax on product.
Held that:- The Hon’ble Authority for Advance Ruling held that the goods are classified as Lassi at HSN 040390 and is exempt from GST.
‘Lassi’ is classified at HSN 040390 and is exempt from GST.
Authority for Advance Ruling —– Tax on Lassi --– The applicant submitted that their product ‘Lassi’ will be named as ‘Laban’ and sold under Brand name of ‘Elan’ in 4 flavours. The applicant opined subject goods is classifiable under HSN 04039090 and is exempted from GST as they appear at Entry No.26 of Exemption Notification No.2/2017-CT (Rate) dated 28-6-17. The applicant sought Ruling as to whether product manufactured as ‘Lassi’ but named as ‘laban’ can be classified as Lassi under Description of Goods; is the goods taxable or exempted; if exempted, HSN of the Product and rate of tax on product; if taxable, HSN of product and rate of tax on product.
Held that:- The Hon’ble Authority for Advance Ruling held that the goods are classified as Lassi at HSN 040390 and is exempt from GST.