India Cuts GST on Plant-Based Milk and Meat to 5%
The Goods and Services Tax (GST) Council has reduced the tax on plant-based milk and meat alternatives to 5%, aligning it with rates applied to animal-based products. The move is being seen as a significant boost for the country’s fast-growing vegan and plant-based food sector. Until now, most plant-based products such as soy, almond, oat…