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Heightened consumer awareness of food safety as well as increased demands for convenience in food preparation are driving demand for packaged seafood in the post-pandemic market.
The decision to impose 5 per cent goods and services tax (GST) on specified pre-packaged food items is based on the recommendation of the GST council, which has representation from both the Centre and the states, the government sources said.
Consumers will now have to shell out more for rice, wheat and flour, among other items, if branded and packed in a unit container from Monday as the revised Goods and Services Tax comes into effect.
GST exemption are withdrawn from pre-packaged and labelled retail packs including food items like curd, lassi, puffed rice, wheat flour, buttermilk.
Pre-Packaged Sandwich Market Witnessed to Flourish at by 2030