New Delhi: The GST Council, on Saturday, decided to reduce the GST on molasses to 5 percent from 28 percent. While addressing the press conference, Union Finance Minister Nirmala Sitharaman commented on the GST on molasses, stating, “GST has been reduced from 28% to 5%. This will benefit sugarcane farmers we hope, and this will … Continue reading GST Council decides to cut tax on molasses to 5 percent