GST controversy from flour to curd, Nirmala Sitharaman answered everything


Posted on 19th Jul 2022 05:38 pm by rohit kumar

The issue of imposition of GST on everyday items like curd, lassi, atta, and gram flour has gained momentum. Amid this atmosphere, now Finance Minister Nirmala Sitharaman has tried to pacify every dispute by tweeting 14. Along with this, Nirmala Sitharaman released a list of items that will not attract any GST if sold in the open and will not be taken pre-packaged or pre-labeled. The Finance Minister has also mentioned the consent of non-BJP ruled states regarding GST.

 

What did the Finance Minister say: Nirmala Sitharaman has tweeted in a question-and-answer style – is this the first time that such food items are being taxed? No, states were collecting revenue from food grains in the pre-GST regime. Punjab alone collected over Rs 2,000 crore on food grains as purchase tax. UP collected Rs 700 crore.

 

Nirmala Sitharaman further says that when GST was implemented, a GST rate of 5% was applied to branded cereals, pulses, and flour. It was later amended to levy tax on only those goods which were sold under a registered brand or brands.

 

Nirmala Sitharaman further points out that this provision was soon witnessed on a large scale by reputed manufacturers and brand owners and gradually the GST revenue from these items declined significantly.

 

The fitment committee also recommended: According to Nirmala Sitharaman, it was opposed by those suppliers and industry associations who were paying tax on branded goods. He wrote to the government to levy GST uniformly on all packaged goods to prevent such misuse. Nirmala Sitharaman pointed out that the fitment committee had also examined the issue in several meetings and made its recommendations to change the modalities to prevent misuse.

 

Decision with everyone's consent: Nirmala Sitharaman, while releasing a list of 14 products, wrote - If these items are sold in the open and are not pre-packaged or pre-labeled, then there will be no GST on them. He said that this was a unanimous decision taken by the GST Council. Representatives of all the states were present at the meeting. Nirmala Sitharaman said that all states including non-BJP ruled Punjab, Chhattisgarh, Rajasthan, Tamil Nadu, West Bengal, Andhra Pradesh, Telangana, and Kerala agree with this decision.

 

In her last tweet, Nirmala Sitharaman said that it was an urgent decision. It was considered at various levels including officers, and the Group of Ministers, and finally implemented by the GST Council with full consent of all the members.

1 Like 0 Dislike
Previous news Next news
Other news

PM Modi: PM Modi inaugurated the ITU Conference-Mobile Congress, more than 190 countries are participating

Prime Minister Narendra Modi on Tuesday inaugurated the World Telecommunication Standardizat

Independence Day: Atishi will not be able to hoist the flag in Delhi on 15th August, only this name has been approved

Minister Atishi will not be able to hoist the flag on 15 August in Delhi. The General Administrat

'Settle all the things today, you may or may not get a chance tomorrow...', said Salman Khan's father Salim Khan with teary eyes

After the murder of NCP leader Baba Siddiqui in broad daylight, Salman Khan's security has been t

Sambhal Jama Masjid case: ASI told the court- there was no need to paint the mosque, gave photographs to the court

The hearing was held in Allahabad High Court on the petition filed demanding the painting of Samb

Trade Data: India's trade deficit increased to $ 26.91 billion; Imports increased, exports decreased

Trade Data: India's trade deficit continues to increase and the figure for its increase has come

Turkey Earthquake: There is less hope of survival of people buried in the debris, UN will help earthquake victims

Rescue workers pulled several people alive from the rubble of buildings in Turkey on Monday. Howe

Recommendation to install small 5G equipment on electric poles and traffic signals, the suggestion to eliminate the need for approval

Telecom regulator Trai has recommended the installation of small equipment for 5G services on ele

3.4 million people in California at risk of flooding: 2.2 million homes without electricity, many areas submerged; 17 killed so far...

Dangerous storms have wreaked havoc in California, USA for the last two weeks. Since December 26,

Mumbai Attack: People protest in front of Japanese and America, Pakistan Embassy in protest against the 26/11 attack

14 years have passed since the terrorist attacks in Mumbai on 26 November 2008 (2008 Mumbai Attac

The Sabarmati Report Box Office Collection Day 1: 'The Sabarmati Report' has a slow opening at the box office, see the film's first-day collection

Vikrant Massey starrer film 'The Sabarmati Report' has been released. The film hit the theatres o

Sign up to write
Sign up now if you have flare of writing..
Login   |   Register
Follow Us
Indyaspeak @ Facebook Indyaspeak @ Twitter Indyaspeak @ Pinterest RSS



Play Free Quiz and Win Cash