AERATED DRINKS MANUFACTURERS NOT ELIGIBLE FOR COMPOSITION SCHEME FROM OCTOBER 2019
The Goods and
Services Tax Act, 2017 came into force in India with effect from 1.7.2017.
In the 37th
GST Council Meeting held on 20.9.2019 at Goa, the Council has decided that
aerated drinks manufacturers are not eligible for Composition Scheme with
effect from 1.10.2019.
Hence the
aerated drinks manufacturers whose aggregate turnover is below Rs. 1.5 Crores
and opted to pay tax under Composition Scheme so far has to file monthly return
in FORM GSTR-3B from October 2019 onwards. Similarly they will have to file
monthly or quarterly returns in FORM GSTR-1 as per their choice.
The relevant
notifications are given below for ready reference.
[TO BE PUBLISHED IN
THE
GAZETTE OF INDIA,
EXTRAORDINARY, PART
II, SECTION 3, SUB-SECTION
(i)]
GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT
OF REVENUE)
Notification No. 18/2019-Central Tax (Rate)
New Delhi, the 30th September, 2019
G.S.R. (E).- In exercise
of the powers conferred
by
sub-section (1) of
section 9, sub-section
(1) of section 11, sub-section (1) of section 16 of
the Central Goods and Services Tax Act, 2017 (12
of 2017), the Central Government, on the recommendations of the
Council, and
on
being satisfied that it is necessary
in the public interest so to do, hereby makes the following
amendments in the notification
of
the
Government
of
India, in the Ministry
of
Finance
(Department of Revenue) No.02/2019-Central Tax (Rate), dated the 7th March, 2019, published
in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R.
189(E),
dated the 7th March,
2019, namely:-
In the said notification, in the Annexure, after Sl. No. 2 and the entries thereto, the following
Sl. No. and entries shall be inserted, namely: -
“2A. 2202
10 10 Aerated
Water”.
2. This notification
shall come into force on
the 1st day of October,
2019. [F.No.354/131/2019-TRU]
(Gunjan Kumar Verma) Under
Secretary to the Government of India
Note: - The
principal notification No.2/2019-Central Tax (Rate), dated the 7th March, 2019 was
published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number
G.S.R. 189(E), dated the 7th March, 2019 and last amended by Notification No. 9/2019-Central
Tax(Rate) dated 29th March, 2019 published in the Gazette of India, Extraordinary, Part II, Section
3, Sub-section
(i) vide number G.S.R.
268(E),
dated the 29th March,
2019.
[TO BE PUBLISHED IN
THE
GAZETTE OF INDIA,
EXTRAORDINARY, PART
II, SECTION 3, SUB-SECTION
(i)]
GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT
OF REVENUE)
Notification No.43/2019-Central Tax
New Delhi, the 30 September,
2019
G.S.R. (E).- In exercise of the powers conferred under the proviso to the sub-section (1) of section 10 of the Central Goods and Services Tax Act, 2017 (12
of 2017), the Central
Government, on the recommendations of the Council, hereby makes the following amendments in the notification
of the Government of India in the Ministry of Finance (Department
of
Revenue), No.14/2019-Central Tax , dated the 7th March, 2019, published in the Gazette of
India, Extraordinary, Part II, Section 3, Sub-section (i), vide number
G.S.R. 196(E), dated the 7th March, 2019, namely: -
In the said notification, in the table, after Sl. No. 2 and the entries thereto, the following
Sl.
No. and entries
shall be inserted, namely: -
“2A. 2202
10 10 Aerated Water”.
2. This notification
shall come into force on
the 1st day of October,
2019. [F.No.354/131/2019-TRU]
(Gunjan Kumar Verma) Under
Secretary to the Government of India