Major GST Overhaul: Tax Relief on Processed Foods
Major GST Overhaul: Tax Relief on Processed Foods In a landmark decision, the GST Council has simplified India’s tax structure, bringing significant relief to consumers and the food processing industry. Effective September 22, 2025, the previous four-slab GST system (5%, 12%, 18%, and 28%) has been streamlined into two main rates: a 5% “merit rate” … Read more