CBIC clarifies ambiguity on GST on pre-packaged items, new rates from Monday
The Central Board of Indirect Taxes and Customs ( CBIC ) on Sunday clarified that all pre-packaged items containing a quantity up to 25 Kg, will attract a GST of 5%. The CBIC said that the items, which are pre-packaged in above 25 Kg, in a single packet will be exempt from GST. Also the clarification said that if several packages intended for retail sale to the ultimate con…