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GST ON FLOUR MILLS
CBIC clarifies: Serving food in schools, mid-day meals exempt from GSTThe exemption covers mid-day meals provided in schools, pre-schools and Anganwadis. The clarification is part of series of circulars issued...
Dispute over applicability of GST on flour mills could land in courtAs per the current arrangement the flour mills were levying 5% GST on their services but the tax department is of the view that the mills s...
What changed for market while you were sleepingNifty futures on the Singapore Exchange traded 62 points lower at 0800 hours (IST), signalling more pain ahead on Dalal Street.
Cooking oil, pulses, wheat flour supplies likely to face a squeezeTraders have sought fewer restrictions on transport and movement of grains and other food commodities by the railways.
Kishore Biyani-led Future Group in talks for setting up food park in AssamBiyani who in Guwahati on Sunday told ET, “I had talked to the chief minister Sarbananda Sonowal and we are planning to come up with Food P...
You may have to shell out more the next time you visit your favourite restaurantWhile customs duty on olive, sesame and castor oils has gone up by 15%, the levy on miscellaneous food preparations is now 50% compared wit...
Any company that did not do double digit growth in Q2 is in serious trouble: Varun Berry, Britannia Industries“We play mostly in the premium segment but we saw reasonable growth even in the value segment.”
Britannia to spend Rs 1000 crore at Ranjangaon plantWadia said that the company was also planning to set up a diary project at the food park with a capacity of seven lakh litres per day.