Industry wants GST rate cut on branded snacks, commonly used food items

Says merging of GST slabs should be done with caution With all eyes set on the next GST Council meet, expected to take place later this month, the clamour for reducing GST on branded packaged snacks and commonly-used food items is rising. The packaged food industry is seeking reduction in GST on ready-to-eat, ready-to-cook and instant food mixes. In a letter sent to the Finance and Food Processing…