GST Council Removes Tax on Millet Flour

Date:

GST Council Removes Tax on Millet Flour:

In the year dedicated to millet, the GST Council has announced the exemption of millet flour from GST.

Finance Minister Nirmala Sitharaman revealed that food preparations in powder form containing at least 70 percent millet will no longer be subjected to GST during a press conference following the GST Council meeting.

These food products must be sold without branding or in non-branded packaging.

However, branded millet products will still be subject to a 5 percent GST, according to the Finance Minister.

GST Council Aligns with “Year of the Millet,” Exempts Millet Flour from GST.

GST Council Removes Tax on Millet Flour
GST Council Removes Tax on Millet Flour

Previously, the GST Council’s fitment committee had recommended exempting powdered millet while denying any incentives for prepared millet-based products.

Also read: 2nd National Conference to Combat Thalassemia

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Popular

More like this
Related

OTT: Sandeep Reddy Vanga-Backed Romanchakam Now Streaming on Netflix

Romanchakam, backed by filmmaker Sandeep Reddy Vanga and produced...

Bigg Boss Telugu Turns Into a Battleground: Aman-Trigun Fight Leaves Viewers Stunned

The latest episode of Bigg Boss Telugu has grabbed...

Kajal Aggarwal’s The India Story Now Streaming in Telugu and Tamil on OTT

Actress Kajal Aggarwal’s The India Story has finally made...

Nagarjuna’s 37-Year-Old Classic Geethanjali Gets a New Re-Release Date

Akkineni Nagarjuna and director Mani Ratnam’s evergreen romantic classic...