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GST Slashed to 5%: Bakery Sector Hails Major Relief
Bakery Review
|August - September 2025
In September, 2025 - The Goods and Services Tax (GST) Council announced a sweeping reduction in rates for bakery and confectionery products, bringing widespread relief to both industry stakeholders and consumers. Under the new structure, the GST on cakes, pastries, biscuits and several other baked goods has been slashed from 18 percent to just 5 percent, while pizza bread will now attract no GST at all.
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Similarly, savoury snacks or expanded products, yeasts and baking powders, which were earlier taxed at 12 percent, will now be levied at the reduced rate of 5 percent.
Diese Geschichte stammt aus der August - September 2025-Ausgabe von Bakery Review.
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