GST on Branded items

Summary: Any packed goods, which are having a name or label printed on the packing and such name if having status as registered then the 5% GST attracts.

Traders who are having registered trademark are more worried about the 5% GST announcement on food products. Most of them even thinking of removing their registered trademarks from the Trademark Registry by making a withdrawal of the Registered Trademark.

My suggestion to the Registered Trademark owners would be, you may hold on to the registered trademark and make it a practice to pay 5% GST. Because, when …