![5% GST on unbranded, pre-packed food items to hit Small Traders 5% GST on unbranded, pre-packed food items to hit Small Traders](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgZ_LLQzlytwLe95XzqV7XjIEHd7LiKwuwK1I5v_F1sLhmrNPkclW93hQqLebxTlpcH4d1aaKj6ZHaAPv0XvAsedNXn2AtVeCaQJQe_L-4nKdto9SNkToCAjQWTZJ5dlTkRXHenDpoYTtykc3rAjtKWmjerI_krV9paDQDeywRYpRHE4gM_6-c_JkTLOw/w320-h178-rw/GST%205%25.jpg)
- GST Council’s decision will cause huge business losses for food cereal traders across the country.
- Besides, It will allow big brands to capture the market at the expense of small producers and traders.
- For the first time, large-scale branded goods were brought under the tax network earlier in 2017.
- Apart from that, GST Council brought packaged foods such as milk, curd, dried legumes, Mahana, wheat or meslin flour, jaggery, puffed rice, organic food, manure, and compost under the 5% tax rate.
- This government decision will increase the burden of compliance and its costs for traders.
Question:
Q.1 A Recent decision of GST about 5% tax will majorly impact which of the following sectors?a. Large scale Traders
b. Intermediate Traders
c. Small Traders
d. None of the above