Milling of paddy by rice millers liable to 5% GST: FinMin clarification
Ministry of Finance clarifies that custom milling of paddy by Rice millers for Civil Supplies Corporation is liable to GST and not exempted under Notification No. 12/2017 - Central Tax (Rate), dated June 28, 2017 (Sr. no. 55) and corresponding notifications issued under IGST/UTGST Acts; Explains that, milling of paddy is not an intermediate production process in relation to cultivation of plants, but a process carried out after cultivation is over and paddy harvested; Milling...