{"id":3668,"date":"2023-10-07T12:38:32","date_gmt":"2023-10-07T12:38:32","guid":{"rendered":"https:\/\/jammubulletin.com\/site\/?p=3668"},"modified":"2023-10-07T12:38:32","modified_gmt":"2023-10-07T12:38:32","slug":"gst-council-decides-to-levy-5-pc-tax-on-millet-based-flour-if-sold-in-pre-packaged-and-labelled-form-fm","status":"publish","type":"post","link":"https:\/\/jammubulletin.com\/site\/gst-council-decides-to-levy-5-pc-tax-on-millet-based-flour-if-sold-in-pre-packaged-and-labelled-form-fm\/","title":{"rendered":"GST Council Decides To Levy 5 Pc Tax On Millet-Based Flour, If Sold In Pre-Packaged And Labelled Form: FM"},"content":{"rendered":"

New Delhi, Oct 7: According\u00a0<\/span>to\u00a0<\/span><\/span>Finance\u00a0<\/span>Minister\u00a0<\/span>Nirmala\u00a0<\/span>Sitharaman,\u00a0<\/span><\/span><\/a>the\u00a0<\/span>GST<\/a>\u00a0<\/span>Council\u00a0<\/span><\/span>voted\u00a0<\/span><\/span>on\u00a0<\/span><\/span>Saturday\u00a0<\/span><\/span>to\u00a0<\/span>impose\u00a0<\/span><\/span>a\u00a0<\/span>reduced\u00a0<\/span><\/span>5%\u00a0<\/span><\/span>tax\u00a0<\/span><\/span>on\u00a0<\/span><\/span>millet-based\u00a0<\/span><\/span>flour\u00a0<\/span><\/span>when\u00a0<\/span>it\u00a0<\/span><\/span>is\u00a0<\/span>supplied\u00a0<\/span><\/span>in\u00a0<\/span><\/span>pre-packaged\u00a0<\/span><\/span>and\u00a0<\/span><\/span>labelled\u00a0<\/span><\/span>form.<\/span><\/span><\/span> <\/span><\/span><\/span>If\u00a0<\/span><\/span>sold\u00a0<\/span><\/span>loose,\u00a0<\/span><\/span>flour\u00a0<\/span><\/span>containing\u00a0<\/span><\/span>at\u00a0<\/span>least\u00a0<\/span><\/span>70%\u00a0<\/span><\/span>millet\u00a0<\/span><\/span>will\u00a0<\/span>be\u00a0<\/span><\/span>subject\u00a0<\/span>to\u00a0<\/span><\/span>0%\u00a0<\/span><\/span>GST;\u00a0<\/span><\/span>if\u00a0<\/span><\/span>sold\u00a0<\/span><\/span>pre-packaged\u00a0<\/span><\/span>and\u00a0<\/span><\/span>labelled,\u00a0<\/span><\/span>it\u00a0<\/span>will\u00a0<\/span>be\u00a0<\/span><\/span>subject\u00a0<\/span><\/span>to\u00a0<\/span><\/span>5%\u00a0<\/span><\/span>GST.<\/span><\/span><\/span> <\/span><\/span><\/span>The\u00a0<\/span>maximum\u00a0<\/span>age\u00a0<\/span><\/span>of\u00a0<\/span><\/span>the\u00a0<\/span>President\u00a0<\/span><\/span>and\u00a0<\/span>members\u00a0<\/span><\/span>of\u00a0<\/span><\/span>the\u00a0<\/span>GST\u00a0<\/span><\/a><\/span>Appellate\u00a0<\/span>Tribunal\u00a0<\/span><\/span>(GSTAT)\u00a0<\/span><\/span>was\u00a0<\/span>also\u00a0<\/span>resolved\u00a0<\/span><\/span>at\u00a0<\/span>the\u00a0<\/span><\/span>52nd\u00a0<\/span><\/span>GST\u00a0<\/span>Council\u00a0<\/span><\/span>meeting,\u00a0<\/span><\/span>which\u00a0<\/span><\/span>was\u00a0<\/span>presided\u00a0<\/span><\/span>over\u00a0<\/span><\/span>by\u00a0<\/span><\/span>the\u00a0<\/span>Union\u00a0<\/span><\/span>finance\u00a0<\/span>minister\u00a0<\/span><\/span>and\u00a0<\/span><\/span>attended\u00a0<\/span><\/span>by\u00a0<\/span><\/span>state\u00a0<\/span><\/span>counterparts.<\/span><\/span><\/span> <\/span><\/span><\/span>The\u00a0<\/span><\/span>GSTAT\u00a0<\/span><\/span>President’s\u00a0<\/span><\/span>age\u00a0<\/span><\/span>cap\u00a0<\/span><\/span>will\u00a0<\/span>be\u00a0<\/span><\/span>70\u00a0<\/span>years,\u00a0<\/span><\/span>while\u00a0<\/span><\/span>the\u00a0<\/span>members’\u00a0<\/span><\/span>age\u00a0<\/span><\/span>cap\u00a0<\/span><\/span>will\u00a0<\/span><\/span>be\u00a0<\/span><\/span>67\u00a0<\/span>years.<\/span><\/span><\/span><\/span><\/span><\/span>The\u00a0<\/span>President\u00a0<\/span><\/span>and\u00a0<\/span>members\u00a0<\/span><\/span>of\u00a0<\/span><\/span>GSTAT\u00a0<\/span><\/span>are\u00a0<\/span>now\u00a0<\/span>allowed\u00a0<\/span><\/span>to\u00a0<\/span>be\u00a0<\/span><\/span>67\u00a0<\/span><\/span>and\u00a0<\/span><\/span>65\u00a0<\/span>years\u00a0<\/span><\/span>old,\u00a0<\/span><\/span>respectively,\u00a0<\/span><\/span>instead\u00a0<\/span>of\u00a0<\/span><\/span>the\u00a0<\/span>previous\u00a0<\/span>age\u00a0<\/span><\/span>restrictions.<\/span><\/span><\/span> <\/span><\/span><\/span>The\u00a0<\/span>Council\u00a0<\/span><\/span>also\u00a0<\/span><\/span>voted\u00a0<\/span><\/span>to\u00a0<\/span>exempt\u00a0<\/span><\/span>alcohol\u00a0<\/span><\/span>intended\u00a0<\/span><\/span>for\u00a0<\/span><\/span>human\u00a0<\/span>use\u00a0<\/span><\/span>from\u00a0<\/span><\/span>the\u00a0<\/span>tax\u00a0<\/span><\/span>and\u00a0<\/span><\/span>lower\u00a0<\/span><\/span>the\u00a0<\/span>GST\u00a0<\/span><\/span>on\u00a0<\/span><\/span>molasses\u00a0<\/span><\/span>from\u00a0<\/span><\/span>28\u00a0<\/span><\/span>to\u00a0<\/span><\/span>5\u00a0<\/span>percent.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n

\"GST
GST Council Decides To Levy 5 Pc Tax On Millet-Based Flour, If Sold In Pre-Packaged And Labelled Form: FM<\/figcaption><\/figure>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

New Delhi, Oct 7: According\u00a0to\u00a0Finance\u00a0Minister\u00a0Nirmala\u00a0Sitharaman,\u00a0the\u00a0GST\u00a0Council\u00a0voted\u00a0on\u00a0Saturday\u00a0to\u00a0impose\u00a0a\u00a0reduced\u00a05%\u00a0tax\u00a0on\u00a0millet-based\u00a0flour\u00a0when\u00a0it\u00a0is\u00a0supplied\u00a0in\u00a0pre-packaged\u00a0and\u00a0labelled\u00a0form. If\u00a0sold\u00a0loose,\u00a0flour\u00a0containing\u00a0at\u00a0least\u00a070%\u00a0millet\u00a0will\u00a0be\u00a0subject\u00a0to\u00a00%\u00a0GST;\u00a0if\u00a0sold\u00a0pre-packaged\u00a0and\u00a0labelled,\u00a0it\u00a0will\u00a0be\u00a0subject\u00a0to\u00a05%\u00a0GST. The\u00a0maximum\u00a0age\u00a0of\u00a0the\u00a0President\u00a0and\u00a0members\u00a0of\u00a0the\u00a0GST\u00a0Appellate\u00a0Tribunal\u00a0(GSTAT)\u00a0was\u00a0also\u00a0resolved\u00a0at\u00a0the\u00a052nd\u00a0GST\u00a0Council\u00a0meeting,\u00a0which\u00a0was\u00a0presided\u00a0over\u00a0by\u00a0the\u00a0Union\u00a0finance\u00a0minister\u00a0and\u00a0attended\u00a0by\u00a0state\u00a0counterparts. The\u00a0GSTAT\u00a0President’s\u00a0age\u00a0cap\u00a0will\u00a0be\u00a070\u00a0years,\u00a0while\u00a0the\u00a0members’\u00a0age\u00a0cap\u00a0will\u00a0be\u00a067\u00a0years.The\u00a0President\u00a0and\u00a0members\u00a0of\u00a0GSTAT\u00a0are\u00a0now\u00a0allowed\u00a0to\u00a0be\u00a067\u00a0and\u00a065\u00a0years\u00a0old,\u00a0respectively,\u00a0instead\u00a0of\u00a0the\u00a0previous\u00a0age\u00a0restrictions. The\u00a0Council\u00a0also\u00a0voted\u00a0to\u00a0exempt\u00a0alcohol\u00a0intended\u00a0for\u00a0human\u00a0use\u00a0from\u00a0the\u00a0tax\u00a0and\u00a0lower\u00a0the\u00a0GST\u00a0on\u00a0molasses\u00a0from\u00a028\u00a0to\u00a05\u00a0percent.  <\/p>\n","protected":false},"author":2,"featured_media":3669,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6,67,89,54],"tags":[],"class_list":["post-3668","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-header","category-national","category-political"],"gutentor_comment":0,"yoast_head":"\nGST Council Decides To Levy 5 Pc Tax On Millet-Based Flour : FM<\/title>\n<meta name=\"description\" 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