Friday, November 15, 2024
spot_img

GST Council scraps tax on millet flour

Date:

Share post:

spot_img
spot_img

New Delhi, Oct 7:  In the year of the millet, the GST Council on Saturday exempted millet flour from GST.

Food preparations in powder form containing at least 70 per cent millets will not have to pay any GST, Finance Minister Nirmala Sitharaman said at a press conference after the GST Council meeting.

These food products have to be sold in loose form or non-branded packets.

However, branded millet products will attract a GST of 5 per cent, the Finance Minister added.

The decision has been taken as 2023 has been declared the Year of the Millet, the Minister said.

Earlier, the fitment committee of the GST Council had recommended the exemption on powdered millet. It had refused to give any incentive for prepared products made out of millet.

IANS

spot_img
spot_img

Related articles

World’s largest coral discovered in Pacific Ocean

Sydney, Nov 15: Scientists have discovered the world's largest known coral in the Pacific Ocean. The coral, which...

NEHU Vice-Chancellor goes on leave

Shillong, Nov 15: The NEHU Vice Chancellor, Prof Prabha Shankar Shukla has gone on leave from Friday. In the...

Govt to expand oil exploration area to 1 million sq km by 2030: Hardeep Puri

Greater Noida, Nov 15: Union Petroleum and Natural Gas Minister Hardeep Singh Puri on Friday said that the...

Amit Shah’s chopper inspected by EC officials, days after frisking of Uddhav’s bags stoked row

Mumbai, Nov 15: Home Minister Amit Shah’s helicopter was inspected by the Election Commission officials on Friday, while...