Now GST on Food Items that were previously de-registered to avoid GST

In a move to streamline taxation of branded packaged food, a new framework was finalised at the meet. Jaitley, briefing the media after the meeting, said, "Food items sold in open was categorised at zero per cent tax rate while the branded ones attracted 5 per cent tax. Some businesses were deregistering their brands and selling under corporate brand names, creating inequality of trade, so we amen…