 "Finance Minister Nirmala Sitharaman with Revenue Secretary Sanjay Malhotra during the 50th Goods and Services Tax (GST) Council Meeting at Vigyan Bhawan, in New Delhi. Photo: PTI")
The Goods and Services Tax (GST) Council, scheduled to meet on Saturday, will take up changes to tax rates on some items, including millet-based product mixes.
The council is likely to consider “zero tax” if the millet product, comprising at least 70 per cent of millet, is sold loose and 12 per cent if it is sold packaged/labelled.
The council’s fitment committee, comprising revenue officials of central and state governments, has recommended a rate revision on these lines, a source privy to the meeting agenda told Business Standard.
The council may maintain “status quo” on reducing tax rates on
