The minister of Finance and Corporate Affairs tweeted regarding the list of items that will be exempted from Goods and Services Tax when sold loose.
List Of Items Exempted From GST When Sold Loose
In a series of Tweets, Finance minister Nirmala Sitharaman informed us about the exempted all items when sold loose and not pre-packed or pre-labeled on Tuesday.“The @GST_Council has exempt from GST, all items specified below in the list, when sold loose, and not pre-packed or pre-labeled. They will not attract any GST. The decision is of the @GST_Council and no one member,” Sitharaman is the chairperson of the GST council tweeted.
The List of Items
The items exempted are as follows:
- PULSES
- WHEAT
- RYE
- OATS
- MAIZE
- RICE
- FLOUR
- SUJI
- BESAN
- PUFFED RICE
- CURD/LASSI
Finance Minister Tweets
“This was a unanimous decision by the GST Council. All states were present in the GST Council when this issue was presented by the Group of Ministers on Rate Rationalisation in the 47th meeting held in Chandigarh on Jun 28, 2022,” the tweet by Sithraman read.“All States, including non-BJP States (Punjab, Chhattisgarh, Rajasthan, Tamil Nadu, West Bengal, Andhra Pradesh, Telangana, Kerala) agreed with the decision. This decision of the GST Council is yet again by consensus,” the thread of tweets read.
Also read,
Complete List Of New GST Rates, Know What Got Cheaper and Costlier
“Further, the GoM that recommended these changes was composed of members from West Bengal, Rajasthan, Kerala, Uttar Pradesh, Goa & Bihar and was headed by the CM of Karnataka. It carefully considered this proposal, taking into account the tax leakage,” She further added.
