GST Rejig: Here's how it will impact packaged food sector - Details

The GST Council, led by Union Finance Minister Nirmala Sitharaman, has approved a complete overhaul of the tangled Goods and Services Tax regime. The cut on GST rates on commonly used personal items and daily essential products in the run-up to the festival season will play a key role in domestic consumption revival, while stimulating economic momentum and building long-term growth in the FMCG sector.

Business