The GST council's decision to impose a 5 percent tax on branded cereals and completely exempting unbranded ones has led to a full blown war within the organised basmati rice industry. Brands are accusing each other of moving to circumvent the GST notification, and distorting the price-sensitive market, reports CNBC-TV18's Ronojoy Banerjee.
Watch video for more…..
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!