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 ?

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.