GST on bundled food: Rice all set to cost more in Tamil Nadu

  • on July 18, 2022
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GST on bundled food Rice is all set to cost more in Tamil Nadu main

GST on bundled food: Rice all set to cost more in Tamil Nadu

The decision of the public authority of India to demand 5% Goods and Service Tax (GST) on bundled food might build the cost of rice from Rs 3 to Rs 5 for each kilogram in Tamil Nadu from Monday.

 

New Delhi: The choice of the public authority of India to require 5% Goods and Service Tax (GST) on bundled food might build the cost of rice from Rs 3 to Rs 5 for each kilogram in Tamil Nadu from Monday. The Tamil Nadu rice factories affiliation and merchants in a proclamation on Sunday said that the middle has given a warning bringing rice, maize, and other fundamental food items under 5% GST from July 18 onwards.

The rice shippers and rice factory affiliation have encouraged the Tamil Nadu government to apply strain on the Union government for a roll back to bring the food items under GST. Around 3000 rice plants and a huge number of rice vendors had challenged bringing the fundamental items under GST piece and had closed shop on Saturday.

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The rice factory proprietors and rice vendors had in a request to Chief Minister M.K. Stalin, expressed that as indicated by the Supreme Court decisions, GST suggestions are not restricting for the state government. (Additionally READ: ‘Who might have thought 75 years ago…’: Zerodha prime supporter backs Rishi Sunak)

M. Sivanandan, State Secretary, Tamil Nadu Rice factory proprietors relationship, while addressing media people said: ‘The GST committee had forced charges on enrolled rice brands in 2017 however had excluded unregistered brands. The exception is currently removed and all pre-stuffed rice brands will presently have 5% GST.

While free rice may not fall under the ambit of GST, the state food division has guided all businesspeople to guarantee that rice and other food items are sold in the stuffed structures under the FSSAI Act.

A few factory proprietors, in any case, said that executing 5% GST from Monday may not be reasonable as a considerable lot of these plants don’t have GST numbers. The factory proprietors believe the additional opportunities for the plants should get GST numbers.

 

 

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