GST committee proposes 5% tax on chocolates, pastries, ice cream

Sweet indulgences might soon be more affordable! 🍰🍫 The GST fitment committee has proposed slashing GST on chocolates with cocoa, pastries, ice cream, and cereal flakes from 18% to 5%. The final decision rests with the GST Council on Sept 3-4, 2025. If approved, this move will not only reduce consumer costs but also help boost demand for packaged foods, bakery products, and frozen desserts—supporting both household budgets and the food industry. #GSTUpdate #TaxReform #Chocolates #IceCream #Pastries #CerealFlakes #FoodIndustry #ConsumerRelief #GSTCouncil #GSTNews #InflationEasing #ChennaiAccounts

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