AreaIndia

Commodity GroupRice

CommodityAll

Date18/07/2022

Policy CategoryConsumption and marketing

Policy InstrumentTax policy

DescriptionBegan levying a 5 percent Goods and Services Tax (GST) on rice, as well as other commodities, if the rice is sold in pre-packaged and labelled packs containing up to 25 kg of rice. Rice sold loose or in packages exceeding 25 kg would not attract any GST. Since the GST's introduction in July 2017 and until 18 July 2022, rice, alongside other foodstuffs, accrued the GST tax only if sold in unit containers and bearing a brand that had been legally registered.