fbpx
  Previous   Next
HomeBusinessNo GST Will Be Levied On Lentils, Rice, And Flour Including 9...

No GST Will Be Levied On Lentils, Rice, And Flour Including 9 Other Items: FM

Finance Minister Nirmala Sitharaman on Tuesday gave a list of food items that are exempted from GST, provided they are sold loose and not pre-packed or pre-labeled.

These include items such as pulses/daal, wheat, rye, oats, maize, rice, aata/flour, suji/rawa, besan, puffed rice and curd/lassi.

The minister in a series of tweets clarified the new rates on GST which came into effect on Monday. The move comes after Lok Sabha proceedings were adjourned on Tuesday amidst opposition protests over GST rates and price rise.

Sitharaman defended the imposition of 5 per cent GST on food articles in her tweets and said that the decision was unanimous by the GST Council and all states were present in GST Council meeting when this issue was presented by the Group of Ministers on Rate Rationalisation on June 28, 2022.

She said that this isn’t the first time that such food articles are being taxed. “States were collecting significant revenue from foodgrain in the pre-GST regime. Punjab alone collected more Rs 2,000 cr on food grain by way of purchase tax. UP collected Rs 700 cr.”

Explaining the GST, she said that when GST was rolled out, a GST rate of 5 per cent was made applicable on branded cereals, pulses, flour. Later this was amended to tax only such items which were sold under registered brand or brand on which enforceable right was not foregone by supplier.

However, she said that soon there was rampant misuse of this provision by reputed manufacturers and brand owners and gradually GST revenue from these items fell significantly.

“This was RESENTED by suppliers and industry associations who were paying taxes on branded goods. They wrote to the Govt to impose GST uniformly on all packaged commodities to stop such misuse. This rampant evasion in tax was also observed by States,” Sitharaman said in a tweet.

The minister wrote that the Fitment Committee which consisted of officers from Rajasthan, West Bengal, Tamil Nadu, Bihar, Uttar Pradesh, Karnataka, Maharashtra, Haryana and Gujarat had also examined this issue over several meetings and made its recommendations for changing the modalities to curb misuse.

“It is in this context that the GST Council in its 47th meeting took the decision. With effect from July 18, 2022, only the modalities of imposition of GST on these goods was changed with no change in coverage of GST except 2-3 items,” she said.

“It has been prescribed that GST on these goods shall apply when supplied in “pre-packaged and labelled” commodities attracting the provisions of Legal Metrology Act,” the minister said.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More News

लव, सेक्स और धोखा में फंसे कानपुर के IPS मोहसिन ! शादी का झांसा देकर IIT की छात्रा से रेप करने का आरोप

कानपुर कमिश्नरेट पुलिस के एसीपी मोहसिन खान के ऊपर आईआईटी की छात्रा ने रेप का गंभीर आरोप लगाया है. पीड़िता के अनुसार एसीपी ने...

राज कपूर की 100वीं जयंती के उपलक्ष्य में कपूर फैमिली ने की पीएम मोदी से मुलाकात, करीना-करिश्मा को मिला पीएम से खास तोहफा

राज कपूर की 100वीं जयंती का जश्न जबरदस्त होगा. कपूर फैमिली पूरी आन बान शान से उत्सव की तैयारी में जुटी है. परिवार ने...

देखें तस्वीरें: सुखबीर बादल ने SI जसवीर सिंह और ASI हीरा सिंह को गले लगाया और धन्यवाद दिया जिन्होंने उनकी जान बचाई.

रोमणि अकाली दल (एसएडी) के अध्यक्ष सुखबीर सिंह बादल ने गुरुवार को पंजाब पुलिस के एएसआई जसवीर सिंह और एएसआई हीरा सिंह के साथ...

RELATED NEWS

Byju’s को सुप्रीम कोर्ट से लगा झटका…ट्रिब्यूनल का आदेश खारिज, अब क्या होगा?

वित्तीय संकट का सामना कर रही टेक्नोलॉजी बेस्ड एजुकेशन कंपनी बायजूस को सुप्रीम कोर्ट से बड़ा झटका लगा है. कोर्ट ने NCLAT के उस...

OLA इलेक्ट्रिक स्कूटर कंपनी पर जांच के आदेश ! सरकार ने लगातार शिकायत के बाद लिया गया फैसला

भारी उद्योग मंत्रालय ने अपनी जांच संस्था ARAI को कहा की ओला इलेक्ट्रिक स्कूटर की बड़े पैमाने पर उपभोक्ताओं द्वारा शिकायत आ रही है,लिहाजा...

क्या क्रेडिट और ATM कार्ड के 2000 से कम ट्रांजेक्शन भी आयेगा जीएसटी के दायरे में ?

GST काउंसिल में डेबिट और क्रेडिट कार्ड को लेकर बड़ा फैसला किया गया है. जिसके तहत 2000 रुपये से नीचे के क्रेडिट कार्ड, डेबिट...