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flag India's food-processing sector benefits from GST rate cuts, lowering costs and prices.

flag India's food-processing sector has seen significant benefits from recent GST rate reductions, with most products now in a 5% tax slab. flag This simplification has led to uniform pricing, reduced compliance costs, and lower food prices for consumers. flag The changes aim to boost economic growth, increase demand for processed foods, and generate more employment. flag However, FMCG distributors are awaiting clear guidelines on transitioning to new tax rates and managing existing inventory to avoid financial losses.

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