GST rate on namkeens and extruded savoury products cut from 18% to 12%.

The GST Council has decided to reduce the tax rate on namkeens and extruded savoury products from 18% to 12%. This decision was made during the 54th meeting of the council, chaired by Finance Minister Nirmala Sitharaman. The reduced tax rate will apply to products falling under HS 1905 90 30, which includes extruded or expanded savoury or salted products. The aim of this decision is to bring these products in line with namkeens, bhujia, mixture, chabena, and similar edible preparations that are ready for consumption and classified under HS 2106 90. [Extracted from the article]