While sharing a list today, Union Finance Minister Nirmala Sitharaman has said that if all the 14 things in the list will be sold loose, that is, sold without packing, then no rate of GST will be applicable on them. It includes many important items of everyday use like pulses, wheat, bajra, rice, semolina and curd/lassi.
After the GST meeting, the Finance Minister had informed that from July 18, the prices of many things will increase. There has also been a change in the prices of the items fixed from July 18. But in the meantime, clearing the confusion among the people regarding GST on things like flour, rice, dal, the Finance Minister has given a lot of information.
Finance Minister gave information
In fact, while sharing a list today, Union Finance Minister Nirmala Sitharaman has said that if all the 14 things in the list will be sold loose, that is, sold without packing, then no rate of GST will be applicable on them. It includes many important items of everyday use like lentils, wheat, bajra, rice, semolina and curd/lassi.
GST on packaged food
It is worth noting that in the GST meeting, there was talk of 5 percent GST on things like cereals, rice, flour and curd, but it was on packaged food. Defending the government’s decision, the Finance Minister said that this GST is applicable only on those products which are pre-packed and labeled. Let us tell you that last month the 47th GST Council was held in Chandigarh, in which many big decisions were taken.
Recommendation to reconsider the decision of GST
Posting a series of tweets, Finance Minister Nirmala Sitharaman said, ‘Recently, the GST Council in its 47th meeting has recommended to reconsider the decision to impose GST on specific food items like pulses, cereals, flour. . However, a lot of misconceptions have spread. Here is an attempt to bring out the facts.
This is not the first time: Finance Minister
The Finance Minister further wrote, is this the first time such food items are being taxed? No, the state governments were collecting a lot of revenue from food grains in the pre-GST regime. Punjab alone collected over Rs 2,000 crore on food grains in the form of purchase tax. UP raised ₹700 crore.