<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Important Changes in GST w.r.t Foods industry w.e.f July 18, 2022</title>
    <link>https://www.taxtmi.com/article/detailed?id=10554</link>
    <description>Supplies that are pre-packaged and labelled, as defined by the Legal Metrology Act and Packaged Commodities Rules, are subject to GST: the package must be pre packed and required to bear Legal Metrology declarations. Branded/unbranded distinction is removed. Large quantity packages and packages for industrial or institutional use that do not require Legal Metrology declarations remain outside this category. Notified amendments impose GST on specified food tariff entries when they are pre packaged and labelled; input tax credit and composition/threshold treatments continue to apply.</description>
    <language>en-us</language>
    <pubDate>Fri, 22 Jul 2022 15:29:02 +0530</pubDate>
    <lastBuildDate>Fri, 22 Jul 2022 15:29:02 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=685788" rel="self" type="application/rss+xml"/>
    <item>
      <title>Important Changes in GST w.r.t Foods industry w.e.f July 18, 2022</title>
      <link>https://www.taxtmi.com/article/detailed?id=10554</link>
      <description>Supplies that are pre-packaged and labelled, as defined by the Legal Metrology Act and Packaged Commodities Rules, are subject to GST: the package must be pre packed and required to bear Legal Metrology declarations. Branded/unbranded distinction is removed. Large quantity packages and packages for industrial or institutional use that do not require Legal Metrology declarations remain outside this category. Notified amendments impose GST on specified food tariff entries when they are pre packaged and labelled; input tax credit and composition/threshold treatments continue to apply.</description>
      <category>Articles</category>
      <law>Goods and Services Tax - GST</law>
      <pubDate>Fri, 22 Jul 2022 15:29:02 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/article/detailed?id=10554</guid>
    </item>
  </channel>
</rss>