Hello Sir/Ma'am,
I want to start a business of Pan Masala Manufacturing (with Brand). I would like to know if I can start my business as an unregistered manufacturer of Pan Masala with a turnover of less than 20 lakhs limit. And what are the licenses and other specifications required to start a Pan Masala manufacturing firm.
Hope to get a reply as soon as possible.
Business Inquiry: Pan Masala Manufacturing Faces Regulatory Challenges, Higher Taxes; Consider Alternatives Like Peanut Butter Production. An individual inquired about starting a Pan Masala manufacturing business with a turnover below 20 lakhs and the necessary licenses. Responses highlighted that Pan Masala, especially with tobacco, is not exempt from Central Excise and is excluded from the GST Composition Scheme. The government discourages such products and may impose higher taxes. An expert suggested considering alternative products like peanut butter for manufacturing and export due to regulatory challenges and potential higher taxes on tobacco-related products. (AI Summary)