Government should reduce and rationalise GST rates on food processing industry

NEW DELHI: The government should reduce the GST rates applicable on the food processing industry and also rationalise the rates applicable between packaged branded and non-branded food products in the segment, industry body ASSOCHAM has demanded. Presently branded and packaged foods products such as potato chips, cereals, snack foods, namkeen falls under 12 per cent slab, while unbranded namkeens,…