GST Rates On Food Revised: All Your Questions Answered
From why ultra-high-temperature milk is exempt from GST to concerns about the higher rate on carbonated beverages, the Ministry of Finance has responded to key questions.
With the latest GST reform, several everyday food and beverage items in India will become more affordable from September 22.
The government aims to boost domestic spending and offset the impact of US tariffs on Indian goods.
In a press release, the Ministry of Finance addressed some key Frequently Asked Questions (FAQs), including those related to food and beverages, on decisions taken at the 56th GST Council meeting in New Delhi.
From the exemption of ultra-high-temperature milk to concerns over the rise in tax on carbonated beverages, the Ministry has responded to these queries.
All dairy milk, except UHT milk, was already exempt from GST. UHT milk has now been exempted to ensure equal tax treatment for similar goods.
Plant-based milk drinks, except soya milk drinks, attracted 18 per cent GST while soya milk drinks attracted 12 per cent. Both have now been reduced to 5 per cent.
Source:Ndtv

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