The Goods and Services Tax (GST) Council has decided to reduce the GST on millet flour food preparations from 18% to 5%. The fitment committee of the GST Council had previously recommended the exemption for powdered millets but had refused to provide incentives for prepared produce made from millet. India is focusing on promoting the production and consumption of millets in 2023.
The Goods and Services Tax (GST) Council has decided to reduce the GST on millet flour food preparations from 18% to 5%. The fitment committee of the GST Council had previously recommended the exemption for powdered millets but had refused to provide incentives for prepared produce made from millet. India is focusing on promoting the production and consumption of millets in 2023.
The Goods and Services Tax (GST) Council in India has decided to reduce the GST on millet flour in powder form from 18% to 5%. The move aims to make nutritious food items more accessible to the public. The council also exempted alcohol for human consumption from the indirect tax, while extra neutral alcohol (ENA) for industrial use will still attract GST.
GST Council Meet 2023: FM Sitharaman said that changes will be made in the GST law to state that these three supplies are not actionable claims, like that of lottery and betting.