Single packages of unbranded pre-packed and labelled food items like cereals, pulses and flour weighing in excess of 25 kg are exempt from 5 per cent GST levy.
NEW DELHI, July 18: Single packages of unbranded pre-packed and labelled food items like cereals, pulses and flour weighing in excess of 25 kg are exempt from 5 per cent GST levy. The Central Board of Indirect Taxes and Customs on Sunday late night issued FAQs clarifying various doubts and said only pre-packed items up to 25 kg will attract 5 per cent GST but if a retail shopkeeper supplies in loose quantity the item bought from a manufacturer or […]
Single packages of unbranded pre-packed and labelled food items like cereals, pulses and flour weighing in excess of 25 kg are exempt from 5 per cent GST levy.
NEW DELHI, July 18: A 5 per cent GST rate on Monday kicked in on pre-packed and labelled food items such as cereals, pulses and flour weighing less than 25 kg. The Union Finance Ministry issued detailed frequently asked questions (FAQs) on the levy of Goods and Services Tax (GST) on food items ranging from cereals and pulses to curd and ‘lassi’. “GST would apply on such specified goods where the pre-packaged commodity is supplied in packages containing a quantity […]