5 per cent GST on millet-based flour when offered in pre-packaged and labelled kind
New Delhi:
The GST Council on Saturday determined to levy a decrease 5 per cent tax on millet-based flour when offered in pre-packaged and labelled kind, Finance Minister Nirmala Sitharaman stated.
Flour, containing no less than 70 per cent millets, will entice zero per cent GST if offered unfastened, and 5 per cent if offered pre-packaged and labelled.
The 52nd GST Council assembly, chaired by Union finance minister and comprising state counterparts, additionally determined to cap the utmost age of President and members of the GST Appellate Tribunal (GSTAT).
The GSTAT President could have a most age cap of 70 years, whereas the restrict for members will probably be 67 years.
This can be a change from the sooner age restrict of 67 and 65 years, respectively, for the President and members of GSTAT.
The Council additionally determined to cut back GST on molasses to five per cent, from 28 per cent, and exempt alcohol for human consumption from the levy.
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