Case Law Details
In re Incnut Lifestyle Retail Private Limited (GST AAR Telangana)
The applicant claims to be manufacturing Ayurvedic products under licenses issued by AYUSH Department of Government of Telangana. The applicant therefore is of the opinion that all the products manufactured by the applicant can be classified as Ayurvedic medicaments under chapter sub-heading ‘30049011’ @12% under GST.
Authority for advance ruling propose to classify the products either as a cosmetic whose primary function is care and not cure which is used for enhancing-improving a person’s appearance -beauty or on the other hand a medicament used to treat or cure a medical condition by adopting the following parameters:
a) The product should have a drug license.
b) The Composition of the product should have medical ingredients.
Please become a Premium member. If you are already a Premium member, login here to access the full content.
what is tax on Cannabis extract drop ? Is this 12% or 18% .