{"id":73580,"date":"2025-09-20T14:16:03","date_gmt":"2025-09-20T08:46:03","guid":{"rendered":""},"modified":"2025-09-20T14:16:03","modified_gmt":"2025-09-20T08:46:03","slug":"gst-rate-rationalisation-to-boost-itc-food-division","status":"publish","type":"post","link":"https:\/\/goodsandservicetax.in\/GST\/?p=73580","title":{"rendered":"GST rate rationalisation to boost ITC food division"},"content":{"rendered":"<p>GST rate rationalisation to boost ITC food division<BR>GST<BR>Dated:- 20-9-2025<BR>PTI<BR>Kolkata, Sep 20 (PTI) The recent rationalisation of GST rates will boost ITC&#39;s food division as its nutritional products will become more affordable, a company official said on Saturday.<br \/>\nITC Limited Executive Director Hemant Malik said the company will pass on the benefits by effecting price cuts across its products.<br \/>\n&#8220;The far-sighted GST reforms provide a shot in the arm for ITC foods&#39; overall strategy framework. This will help nutrition reach people by making the products more affordable,&#8221; he said.<br \/>\nThe Goods and Services Tax (GST) Council recently decided to rationalise the tax rates and have a two-rate structure of 5 per cent and 18 per cent. The <\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n<p align=\"center\"><strong>Plain text (Extract) only<\/strong><BR>For full text:-<a href=\"https:\/\/www.taxtmi.com\/news?id=56301\">Visit the Source <\/a><\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GST rate rationalisation to boost ITC food divisionGSTDated:- 20-9-2025PTIKolkata, Sep 20 (PTI) The recent rationalisation of GST rates will boost ITC&#8217;s food division as its nutritional products will become more affordable, a company official said on Satu<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"close","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-73580","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/73580","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=73580"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/73580\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=73580"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=73580"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=73580"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}