Levy of tax recommended as rice ‘is not an ‘agricultural farm produce’
One may be need to pay more for rice sold in loose quantities greater than 25 kg as it is not classified as an ‘agricultural farm produce.’ This may be possible because of the latest circular issued by the Central Board of Indirect Taxes & Customs (CBIC) based on recommendations of the GST Council.
© Copyright 2025 The SSResource Media.
All rights reserved.