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.

 

Did you know?Explore Trending and Topic pages for more stories like this.

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

Suicide note of Sasural Simar Ka Fame Vaishali: Wrote about friend – Rahul sent my photos to my fiancee and has been torturing me for two and a half years

TV actress Vaishali Thakkar died in a love triangle or was she a victim of blackmailing...? What

Who is Jemimah Rodrigues? Read her emotional journey from 'Baby' to becoming the backbone of the Indian middle order.

In the second semi-final of the Women's ODI World Cup 2025, the Indian women's cricket team playe

Urvashi - Rishabh: Why was Urvashi's name associated with Pant? The full story revealed here, know every aspect of 'RP' controversy

The dispute between Indian cricketer Rishabh Pant and Bollywood actress Urvashi Rautela seems to

Russia-Ukraine War: America's claim - Russia and Ukraine's army lost more than 1 lakh soldiers, Putin looks weak

The Russia-Ukraine war is not taking its name to stop. Russia is continuously carrying out air st

Armenia will buy Pinaka rockets and missiles from India: Tension continues with neighboring country Azerbaijan, will import weapons worth 2 thousand crores

The war between Azerbaijan and Armenia continues. Meanwhile, Armenia has made a deal to buy arms

Weather News: U-turn of weather in North India! Mercury dropped in many states including Delhi-UP, read the latest updates

The weather has taken a U-turn in North India. It is getting cold in many states including Delhi,

North Korea fired a second ballistic missile in 48 hours: fell in Japan's maritime border, tested after US-South Korea military drill

North Korea has again fired two ballistic missiles into the East Sea. South Korea's Defense Minis

Kangana Ranaut: Kangana got angry about Raja Raghuvanshi's murder case while targeting Sonam Raghuvanshi, she said- to her parents…

BJP MP and film actress Kangana Ranaut has expressed deep anger over the recently surfaced Raja R

Dera Premi Killing: Dera lover, accused of Bargadi sacrilege case, was abused to death, creating a stir

Dera Premi Killing In Punjab: The law and order situation in Punjab is getting worse. Dera lover

Waqf Law: BJP preparing to increase its penetration among Christians; special strategy for 13 Christian-dominated states including Kerala

Although the situation is not clear due to the Supreme Court's stance on the Waqf Amendment Act,

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