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The Trade Promotion Council of India (TPCI) on Friday urged the government for a flat 5 per cent Goods and Services Tax (GST) on all food processed items to spur the growth of the sector.
The council also pushed for input tax credit on food sales; tax holiday for five years for companies investing in infrastructure, including digital infrastructure; special incentives to food processing through interest subvention, and lower taxes; and competitive import tariffs over five years, with lowest or nil slab on inputs or raw materials.
TPCI Founder Chairman Mohit Singla said non-tariff barriers in the food sector are impacting the industry and trade. ....

Vivek Agarwal , Promotion Council Of India , Beverages Committee , Services Tax , Trade Promotion Council , Chairman Mohit Singla , Alimentrus Codex Standard , விவேக் அகர்வால் , ப்ரமோஶந் சபை ஆஃப் இந்தியா , பானங்கள் குழு , சேவைகள் வரி , வர்த்தகம் ப்ரமோஶந் சபை , தலைவர் மோஹித் சிங்லா ,