Brand Value to Basic Goods: the GST problem
The Central Board of Indirect Taxes (CBIC) recently announced that effective 18th July 2022, pre-packaged cereals, pulses, curd, milk, etc. will be liable for 5% Goods and Services Tax (GST). Given that these are items of everyday use and need the imposition of tax will hit the wallets of the common people in an already inflation-ridden economy. […]
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