Change in GST Rates In September 2017
The Central Government on the recommendation of the GST Council has further reduced the rate of applicable GST on certain goods.
It came out with various notifications for reducing and/or exemption various goods under CT & IGST on 22nd September 2017.
It also clarified on branded packaged goods under Notifications No. 27/2017-CT(Rate) & 28/2017-CT(Rate) as below:
Brand name means brand name or trade name, that is to say, a name or a mark, such as symbol, monogram, label, signature or invented word or writing which is used in relation to such specified goods for the purpose of indicating, or so as to indicate a connection in the course of trade between such specified goods and some person using such name or mark with or without any indication of the identity of that person.
Registered brand name” means,-
A brand registered as on the 15th May 2017 under the Trade Marks Act, 1999 irrespective of whether or not the brand is subsequently deregistered;
A brand registered as on the 15th May 2017 under the Copyright Act, 1957(14 of 1957);
A brand registered as on the 15th May 2017 under any law for the time being in force in any other country.”
The changes under various notifications can be accessed on the link as below :