Uniform tax for processed and packaged food
PHDCCI urges that all packaged (whether branded or unbranded) cereals and staples including rice, wheat, millets and their flours should be uniformly tax under GST at the rate of 5 per cent, irrespective of whether the brand owner forgoes rights, etc. in order to maintain an equitable tax structure and avoid revenue leakage.
PHDCCI urges that all packaged (whether branded or unbranded) cereals and staples including rice, wheat, millets and their flours should be uniformly tax under GST at the rate of 5 per cent, irrespective of whether the brand owner forgoes rights, etc. in order to maintain an equitable tax structure and avoid revenue leakage. Furthermore, PHDCCI also urges the exemption from GST to be granted for all infrastructure-related services for setting up of new plants / factories / storage infrastructure which are in relation to the processing of agricultural produce into foodstuff to provide a fillip to the food processing sector. Source: Reuters
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