Reduction in tax levied on packaged food items from 18% to 12% by GST Council
Following a revision of the tax slabs by the Goods and Service Tax (GST) Council, the 18 per cent tax levied on several packaged food items was reduced to 12 per cent. Finance minister Arun Jaitley said, “Fruit and vegetable products, such as pickles, spreads, ketchup and mustard sauce, and instant food mixes, have […]