No price cut, food firms may bulk up small packs

FOOD COMPANIES ARE likely to increase grammage of small packs, rather than take straight price cuts on such items, as the FMCG universe gears up to implement the new GST rates.

- VIVEAT SUSAN PINTO

Packaged food and beverages such as namkeens, noodles, chocolates, biscuits, instant coffee and juices will now attract 5% GST. No GST will be levied on breads, paneer, and ultra-high temperature processed milk