GST (il)logic: Tax on biscuit 18 per cent, bread 0 per cent, rusk 5 per cent

Biscuit makers hope that the GST Council meeting on Friday will reduce the rates on low-priced items. 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. According to Mayank Shah, Category Head,…