Biscuit Manufacturers Welfare Association
The Biscuit Manufacturers Welfare Association has made a representation to the council seeking revision of GST rate for biscuits priced below Rs 100 per kg on par with other processed food items which were exempt from excise duty during the previous regime. (Representional Image)
GST (il)logic: Tax on biscuit 18 per cent, bread 0 per cent, rusk 5 per cent
18 Sep 2019 1:50 AM

Biscuits priced below Rs 100 per kg accounts for 25 per cent of the biscuit market in value terms and 42 per cent in volume terms.

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