PARATHA GST

Sitharaman & co just slashed your food bill with GST 2.0

The Goods and Services Tax (GST) Council has reduced taxes on essential food items. This decision was made during a meeting in New Delhi. Ultra-High Temperature (UHT) milk, paneer, and pizza bread are now tax-free. Other items like butter and cheese will have lower GST. This move aims to ease the financial burden on households.

Simplified GST Scheme: Government unveils quick registration for small and low-risk businesses

The Indian government has launched a Simplified GST Registration Scheme to streamline the process for small and low-risk businesses. Eligible applicants can now receive registration within three working days, with businesses identified as low-risk through data analysis. This initiative aims to reduce paperwork, accelerate registration, and promote entrepreneurship, benefiting a significant majority of new applicants.

Diwali cheer comes early for Indian middle class as Sitharaman announces GST 2.0

Diwali arrives early for the Indian middle class. The GST Council reduces tax slabs to 5% and 18%. Food, essentials, and durables become cheaper. Families save money on various products. Personal care items and smaller cars also see tax cuts. Health insurance becomes exempt from GST. The new rates are effective from September 22, 2025.

GST 2.0 is here: From namkeens to biscuits, your kirana basket just got cheaper

India's GST 2.0 slashes taxes on mass-consumed goods like namkeens and biscuits, aiming to ease household budgets and stimulate demand. This significant indirect tax reset, following income tax cuts, seeks to boost disposable incomes and reinforce consumption-led growth.

PM Modi welcomes GST council’s approval of rate cuts, says changes will benefit every section of society

The GST Council, with PM Modi's endorsement, has approved comprehensive GST reforms, including rate rationalization and process simplification. Finance Minister Sitharaman announced a significant merger of GST slabs, aiming to boost affordability and consumption. Daily-use items see rate reductions, benefiting the common man, while key sectors like agriculture and health receive support through structural changes and simplified compliance.

Govt likely to slash GST on insurance premiums to nil, says report

The government plans to reduce GST on insurance premiums from 18% to 5% or even zero, as part of the upcoming GST 2.0 reforms aimed at simplifying the tax system and easing the burden on consumers and businesses. Insurance stocks rose up to 5% on the news. The new GST structure will feature two main slabs—5% and 18%—and a special 40% slab for luxury and sin goods like alcohol and tobacco, replacing current 12% and 28% rates.

Alcohol, cigarette, gaming stocks slide up to 4.5% as govt proposes 40% sin tax under GST 2.0 overhaul

The government is planning GST 2.0. It may include a 40% tax on alcohol, cigarettes, and gaming. Consequently, shares of Godfrey Phillips, Nazara Technologies, and Delta Corp declined. Globus Spirits, United Spirits, and ITC also saw drops. The GST revamp aims to streamline rates. Essential items may have 5% tax. Most goods could fall under 18%.

Insurance stocks surge up to 5% as Govt to consider GST cut on health and term insurance premiums

Insurance company stocks experienced a surge following the anticipation of a significant GST rate cut on health and term insurance, a long-awaited demand from the industry. The proposed cut is part of the upcoming GST 2.0 blueprint, which aims to simplify the indirect tax structure and reduce the burden on citizens and businesses.

GST reforms must streamline rates, boost compliance and ensure fair dispute handling

The Prime Minister is pushing for GST reforms before Diwali, urging states to adopt the shared draft. Concerns persist regarding unpredictable tax rates and overlapping investigations, leading to numerous demand notices. The article suggests rationalizing rates, expanding the tax base, and adopting a nuanced approach to compliance, including preventing non-compliance and supporting taxpayers.

I managed to cut Rs 6,000 restaurant food bill by 42% by using this food app and credit card discount; Here’s how I cracked the deal

Food apps like Zomato and Dine-out provide dine-in discounts. I along with six friends visited The Tandoori Village in Noida and booked a table via Zomato and got 35% flat discount. An additional 12% HSBC credit card discount was applied. After convenience fees, I saved 42% on Rs 5,994 bill. The final amount paid was Rs 3,423.

Candy or cure? Popular digestive Hajmola product faces GST trouble

Hajmola, a popular digestive tablet, is under GST investigation. Authorities question its classification. They want to determine if it is a candy or an ayurvedic product. Dabur, the manufacturer, argues for the ayurvedic classification. Past rulings support this claim. The case highlights challenges with India's GST structure. It creates confusion for companies.

In preparation for GST rate rationalisation, product categories' fine-tuning begins

The Central Board of Indirect Taxes and Customs began revising product classifications under GST to simplify the system and reduce tax disputes. The goal is to fix ambiguities before rationalizing tax rates. A report is expected at the next GST council meeting. Examples show how small changes can impact tax slabs.

Chennai restaurant faces backlash for food wastage after video of 'Bahubali' thali goes viral

Chennai's Ponnusamy Hotel introduced a 'Bahubali' thali, priced at Rs 1,399 (plus taxes), which went viral on social media. Twitter user Ananth Rupanagudi shared a video of the thali and criticised it for its high price and potential food wastage.

Packed, frozen paratha 'quite different' from roti/chapatti; attracts 18% tax: GST Appellate AAR

Such parathas, whether named Malabar, Mixed vegetable, Onion, Methi, Alu, Laccha, Mooli or Plain, have ingredients like margarine, salt, emulsifying agent, oil, potato, peas, cauliflower, coriander powder, bread improver and water, apart from wheat flour, which make 'quite different' from plain roti or chapatti and hence are not eligible for 5 per cent Goods and Services Tax (GST) rate, the ruling said.

High Court rules mango pulp be taxed at 12%

Earlier, exporters and businessmen faced problems due to confusion in rates on different forms of mango, like sliced, dried mangoes or mango pulp.

Flavoured milk's a drink, will be taxed, says AAAR ruling

Gujarat AAAR affirmed the AAR ruling on classification and said that flavoured milk is not milk but a beverage containing milk.

'Pizza topping is not pizza, so will attract a higher GST levy'

GST rates on pizzas differ on the basis of how they are prepared and sold. A pizza sold and eaten within a restaurant attracts 5% GST, the pizza base bought separately attracts 12% while a pizza delivered at home attracts 18% GST.

GST of 18% applicable on ice creams not 5% from here on: government tells taxmen

The government said that a GST of 18% should be levied on ice creams even when they are sold inside a restaurant. Earlier ice creams attracted 5% tax when sold inside restaurants and 18% when sold outside the restaurants.

The debate on GST rates for roti and paratha refuses to die down. Here's what is new

Paratha is not a defined product under GST, which is why companies making ready-to-cook parathas have approached AARs seeking that the paratha should be put in the same category as roti, and be taxed at 5% instead of 18%.

Paratha vs roti: The hot GST debate

Idli, dosa tax: 18% GST applicable on packaged products that can make food items, rules AAR

While AAR rulings are only applicable to the company that has approached the particular bench, it tends to create a precedent in law, tax experts said.

How much do we tax oxygen? GST code isn’t clear about it

The Covid-19 pandemic seems to have brought back the pertinent question of goods categorisation under GST framework. In many cases, the GST rate paid on the same product by different manufacturers is different. “There is confusion on taxation around medical-grade oxygen which is taxed at 12% and other oxygen which is taxed at 18%.

Parota to paroti for the sake of GST

With a lot of dough riding on it, a little change in spelling could go a long way.