urgent query

[mukesh pareek]

Dear Experts,

We are manufacturing cosmetics products after using denatured Alcohol and paying excise duty under M&TP Act to state Goverment.

My question is whether M&TP act continue or discontinue after applicable of GST ?

[Rajagopalan Ranganathan]

Sir,

Taxes leviable under Medicinal & Toilet Preparation Act is subsumed in GST.

[KASTURI SETHI]

I support the views of Sh.Ranganathan, Sir.

[Balkrishna Nawale]

It is stated that if GST RATE IS 18% Than its break up is CGST-9% AND SGST -9% , What is authority for this. That is in which rule this is stated. Which legal provisions backs this break up.

NAWALE B.P.

AI Summary

GST Replaces Medicinal & Toilet Preparation Act Taxes for Cosmetics; Rule for CGST-SGST Division Questioned An individual inquired about the status of the Medicinal & Toilet Preparation (M&TP) Act following the implementation of the Goods and Services Tax (GST) in relation to their cosmetic manufacturing business using denatured alcohol. An expert clarified that taxes under the M&TP Act are subsumed by GST. Another expert concurred with this view. A third participant questioned the legal basis for the GST rate breakdown into Central GST (CGST) and State GST (SGST), seeking the specific rule or legal provision supporting this division.