Food grain may be brought under GST, tax mechanism likely to be rejigged

Items such as food grain, which earlier attracted purchase tax under the value added tax (VAT) regime, may now be brought under the  goods and services tax  (GST) net. The officers’ committee on revenue augmentation is examining the feasibility of imposing  GST  on such products on the basis of reverse charge mechanism. Through this route, registered entities can pay  GST&…