Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>GST Now Applies to Pre-Packaged and Labelled Goods Including Food Items, Effective July 18, 2022; Exemptions Apply.</h1> The GST Council's 47th meeting introduced changes effective July 18, 2022, affecting GST applicability on pre-packaged and labelled goods. Previously, GST applied to specified goods with registered brand names. Now, GST applies to goods that are pre-packaged and labelled, as per the Legal Metrology Act. This includes food items like pulses, cereals, and flour, which will attract a 5% GST rate when pre-packaged and labelled. Packages over 25 kg or 25 liters are exempt. GST applies throughout the supply chain, but not on loose sales by retailers. Industrial and institutional consumer supplies are excluded from GST under specific conditions.