News
Confusion over branded food GST
- Date:
- September 12, 2017
- Source:
- Economic Times
The GST Council's statement over the weekend on applying tax on branded food items has left most of the trade confused. Even though the Council has not changed the rates on food -0 per cent on unbranded stuff and 5 per cent on brands -many small traders who didn't levy GST earlier said they could come under the 5 per cent slab after the clarification. While they predicted some increase in consumer…