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Companies go for 25 kg packs to avoid 5% GST on pre-packed food items
TIWN
TIWN
PHOTO : TIWN
Noida, Oct 8 (TIWN) After the Centre imposed 5 per cent GST on unbranded labelled and pre-packaged food items weighing less than 25 kg in July, most of the companies are now packing their goods, in excess of 25 kg, in a single packet to be exempted from the tax levy.
In a notification, the Central Board of Indirect Taxes and Customs (CBIC) had clarified that pre-packaged food items like cereals, pulses and flour weighing more than 25 kg and packed in a single packet will be exempted from GST, said a senior GST department official.
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