https://www.taxtmi.com/highlights?id=93011 India's fast-growing pet food market, projected from USD 720 million in 2024 to USD 2 billion by 2035 with pet population set to exceed 100 million, faces regulatory gaps from frameworks not tailored to pet nutrition. A policy paper and industry discussions urge harmonized, science-based regulation: reclassify pet food taxation away from current 18% GST toward essential nutrition rates; adopt enforceable national standards; create a single-window compliance system; expand accredited testing and uniform labelling across offline and online channels; and boost awareness and supply-chain readiness to increase manufactured pet food penetration, ensure product safety, and support domestic manufacturing and exports. en-us Wed, 01 Oct 2025 17:26:26 +0530 Wed, 01 Oct 2025 17:26:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=93011 India's fast-growing pet food market, projected from USD 720 million in 2024 to USD 2 billion by 2035 with pet population set to exceed 100 million, faces regulatory gaps from frameworks not tailored to pet nutrition. A policy paper and industry discussions urge harmonized, science-based regulation: reclassify pet food taxation away from current 18% GST toward essential nutrition rates; adopt enforceable national standards; create a single-window compliance system; expand accredited testing and uniform labelling across offline and online channels; and boost awareness and supply-chain readiness to increase manufactured pet food penetration, ensure product safety, and support domestic manufacturing and exports. Highlights GST Wed, 01 Oct 2025 17:26:26 +0530 https://www.taxtmi.com/highlights?id=93011