What is the applicable rate of tax on packing materials as outputs?
Packing material or containers are always sold with some goods packed or contained in it. No separate rate of tax is applicable on sale of such packing material/container. The rate of tax applicable to the goods packed in such packing material will be the rate of tax applicable on this packing material. Where such goods are exempted from tax, the packing material/container will also be exempt from tax.