
Raja Abhishek For NIRC 2024
over 1 year ago
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๐๐ข๐ฉ๐๐ฅ๐ก๐ ๐๐ก๐ง ๐ข๐ ๐๐ก๐๐๐ ๐๐บ๐ฒ๐ป๐ฑ๐ ๐ก๐ผ๐๐ถ๐ณ๐ถ๐ฐ๐ฎ๐๐ถ๐ผ๐ป ๐ณ๐ผ๐ฟ ๐ ๐ถ๐น๐น๐ฒ๐ ๐๐น๐ผ๐๐ฟ ๐ฃ๐ฟ๐ฒ๐ฝ๐ฎ๐ฟ๐ฎ๐๐ถ๐ผ๐ป๐ ๐ข ๐ก๐ฒ๐ ๐ง๐ฎ๐ ๐ฅ๐ฒ๐ด๐๐น๐ฎ๐๐ถ๐ผ๐ป ๐๐ป๐๐ฟ๐ผ๐ฑ๐๐ฐ๐ฒ๐ฑ: "Food preparations made from millet flour, containing at least 70% millets by weight in powder form, and not pre-packaged or labeled, are now subject to amended GST provisions, effective October 20, 2023."
๐ ๐๐ฒ๐ ๐๐ฒ๐๐ฎ๐ถ๐น๐: โข Issued by: Ministry of Finance, Department of Revenue โข ๐๐บ๐ฒ๐ป๐ฑ๐บ๐ฒ๐ป๐ ๐ก๐ผ๐๐ถ๐ณ๐ถ๐ฐ๐ฎ๐๐ถ๐ผ๐ป: No. 18/2023-Central Tax (Amending Notification No. 2/2017) โข ๐ฆ๐ฐ๐ผ๐ฝ๐ฒ: Adds millet flour-based food preparations to the GST framework, promoting tax incentives for sustainable and nutritious foods.
โ๏ธ ๐๐บ๐ฝ๐ฎ๐ฐ๐ ๐ผ๐ณ ๐๐บ๐ฒ๐ป๐ฑ๐บ๐ฒ๐ป๐: This amendment aims to encourage millet consumption by providing tax relief on qualifying millet products, aligning with Indiaโs focus on promoting sustainable agriculture and healthy diets. However, only non-packaged, non-labeled items will benefit, ensuring that pre-packaged products remain under existing GST obligations.
๐ ๐๐บ๐ฒ๐ป๐ฑ๐บ๐ฒ๐ป๐ ๐๐ป๐ณ๐ผ๐ฟ๐บ๐ฎ๐๐ถ๐ผ๐ป: โข ๐ก๐ผ๐๐ถ๐ณ๐ถ๐ฐ๐ฎ๐๐ถ๐ผ๐ป ๐ก๐ผ.: 18/2023-Central Tax โข ๐๐ณ๐ณ๐ฒ๐ฐ๐๐ถ๐๐ฒ ๐๐ฎ๐๐ฒ: 20 October 2023 โข ๐ฅ๐ฒ๐ณ๐ฒ๐ฟ๐ฒ๐ป๐ฐ๐ฒ ๐๐ผ ๐ข๐ฟ๐ถ๐ด๐ถ๐ป๐ฎ๐น ๐ก๐ผ๐๐ถ๐ณ๐ถ๐ฐ๐ฎ๐๐ถ๐ผ๐ป: 2/2017-Central Tax (Rate), dated 28 June 2017
This update reinforces the government's commitment to boosting millet consumption and aligns tax policies with public interest, supporting sustainable food production.
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