CBIC Reduces GST on Fortified Rice Kernel to 5% and Updates Definition of Pre-packaged and Labelled

The CBIC has reduced the GST rate for fortified rice kernels to 5% and updated the definition of pre-packaged and labeled goods. This reduction aims to enhance accessibility to fortified rice, a crucial nutritional supplement for vulnerable populations. By lowering the tax rate, the government seeks to promote better health outcomes while encouraging wider distribution of fortified products. The updated definition of pre-packaged goods aims to improve clarity and compliance in the market. These measures reflect the government's commitment to public health and welfare, ensuring that essential products remain affordable and accessible to all.