GST Council Cuts Tax on Millet Flour Food Preparations

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GST Council Cuts Tax on Millet Flour Food Preparations

GST Council Cuts Tax on Millet Flour Food Preparations

The Goods and Services Tax (GST) Council has announced a significant cut in the GST rates for millet flour food preparations, from 18% to 5%. This move is expected to promote healthy eating and make millet flour food preparations more affordable for consumers.

Millets are a group of small-seeded grasses that are widely cultivated around the world as cereal crops or grains for food. They are a good source of dietary fiber, protein, complex carbohydrates, vitamins and minerals, antioxidants, and magnesium.

The GST Council”s decision to cut the tax on millet flour food preparations is in line with the government”s policies to promote healthy diets and living. Millet is a nutritious and versatile grain that can be used to make a variety of dishes, including breads, porridges, and stews.

In another significant decision, the GST Council has exempted extra neutral alcohol (ENA) (both grain-based and molasses-based) from GST when supplied for the manufacture of alcoholic liquors. This move is expected to benefit the liquor industry and make ENA more affordable for manufacturers.

The GST Council”s decisions to cut the tax on millet flour food preparations and exempt ENA from GST have been welcomed by the experts as they are expected to benefit consumers and the industry. The cut in the tax on millet flour food preparations is expected to make these nutritious foods more affordable and accessible to consumers, while the exemption of ENA from GST is expected to benefit the liquor industry.