City
Epaper

No GST on flour with 70 pc millets if sold in loose form: Sitharaman

By ANI | Updated: October 7, 2023 17:35 IST

New Delhi [India], October 7 : The GST Council at its meeting held here on Saturday recommended that flour, ...

Open in App

New Delhi [India], October 7 : The GST Council at its meeting held here on Saturday recommended that flour, which has at least 70 per cent millets, will attract zero per cent tax if sold in loose form and 5 per cent if it is sold pre-packaged and labelled form.

The decision was taken at the GST meeting chaired by Finance Minister Nirmala Sitharaman.

Addressing a press conference after the meeting, Sitharaman said the GST Council wanted to participate in the year of millets.

"One of the most important, which I like to say with a sense of happiness that the GST Council wanted to participate in the year of millets and therefore GST's role in the promotion of millets is seen in that. Food preparations of millet flow in powder form containing at least 70 per cent millets by weight, they fall under the category of HS 1901. In powder form millets being blended with any other flour, where the millet composition is 70 per cent, we state that they will be having zero per cent GST if sold in other than pre-packaged and labelled form," she said

"Zero per cent if they are sold loose, and five per cent only if sold pre-packaged and in a labelled form," she added.

An official release later said that a decision has been taken on GST rates on "food preparation of millet flour in powder form, containing at least 70 per cent millets by weight", falling under HS 1901, with effect from the date of notification.

"Zero per cent if sold in other than pre-packaged and labelled form. Five per cent if sold in pre-packaged and labelled form," it said.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

CricketIndia Clinches Victory in 1st T20 Against Sri Lanka in Physical Disability (Standing) Cricket Series

HealthAyush Ministry to hold national conclave to boost traditional healthcare delivery

BusinessFrom Vision to Innovation: The Protyze Brings Clear Protein

BusinessNureca Limited Expands Quick Commerce Reach with Dr Trust Products Now Available on Swiggy Instamart

NationalAyush Ministry to hold national conclave to boost traditional healthcare delivery

Business Realted Stories

BusinessWhy Live Projects and Internships are Important for PGDM Students

BusinessFICCI FLO Mumbai Launches Flagship Event of the Year "LeadHers ChangemakeHers TrailblazeHers"

BusinessNew kVAh billing norms in MERC order: Timely action crucial for commercial, industrial consumers

BusinessSBI, Land Ports Authority Of India sign MOU to enhance banking services at land ports bordering neighbouring countries

BusinessIndia on track to become Viksit Bharat under PM Modi's leadership: Academicians