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GST Updates for Brick manufacturer & Traders
The government on March 31 notified the changes as recommended by 45th GST Council Meeting that would be applicable from 1st April 2022 on building bricks, earthen or roofing tiles, fly ash bricks and blocks, bricks of fossil meals. Synopsis for any person who is engaged in manufacturing and trading of Brick Kilns with effect from 1.4.2022:
| Particulars | Earlier Provision | Amended Provision |
| Registration Threshold i.e. Person is required to obtain registration if, | aggregate turnover in the FY exceeds forty lakh rupees | aggregate turnover in the FY exceeds Twenty lakh rupees |
| Eligibility for registered person under Composition Scheme | May opt for the same if aggregate turnover in the preceding FY did not exceed one crore and fifty lakh rupees | Registered person shall not be eligible to opt for composition Levy vide Notification No. 04/2022-Central Tax.
However they would be brought under special composition scheme that would attract GST at the rate of 6% without ITC under the scheme vide Notification No. 02/2022-Central Tax. |
| GST Rates, if not opted for composition scheme | Manufacturing & Trading of bricks were chargeable at 5% GST and businesses were allowed to claim credit on inputs. | GST rate of 12% with ITC has been notified vide Notification No. 02/2022-Integrated Tax (Rate). |
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As I am a Composite Dealer of Mfg. Building Bricks, Turnover of Previous year (Rs 1,40,00,000) will I obtain Special Composition Scheme ? and the step in portal how can I Chose in Portal?
how to increase tax rate of
bricks and fly ash in gst. new circular.
Reporting 6% rate in GSTR1:
As a temporary measure, you report goods at 6% rate only by reporting the entries under 5% heading and manually increasing the system computed tax amount to 6%.
This can be done by entering the value in the Taxable value column next to 5% tax rate and then increasing the system computed tax amount rate to 6% IGST or 3% CGST + 3% SGST in the ‘Amount of Tax’ column under the relevant Table, namely B2B, B2C or Export, as applicable.
This will ensure that correct tax amount is reported in GSTR-1, Meanwhile , this rate will be made available on the GST portal shortly.
Hi Shalu,
Do you aware of the refund process in the case of fly ash bricks?
Please clarify the turnover limit in the special composition scheme