• twitter-icon
Unlimited Tax Return Filing


FSSAI Will Rearrange Food Business To Meet GST Norms

Pawan Kumar Agarwal CEO FSSAI

Food Safety and Standards Authority of India (FSSAI) announced that it will relook the food business in order to rearrange it in respect of total annual turnover to meet the Goods and Services Tax regulations.

As per the GST norms, the business having turnover more than Rs. 20 lakh necessarily pays GST from July 1, 2017.

Pawan Kumar Agarwal, CEO, FSSAI said in this regard, “We are in the process of amending the licensing and registration norms. Under this, we are going to reclassify the kind of food businesses (KoB) on the basis of turnover to align with GST and MSME norms.”

Read Also: Step By Step Guide for GST Registration on GST Online Portal

Such Wise, the KoBs number will be subdued from the existing 17 to 8. For example, a food business category coming under annual turnover of Rs. 12 lakh will be supposedly enhanced to Rs. 20 lakh, he further said.

Side by side, FSSAI is also working on to develop an e-system which can monitor the food businesses to follow the safety norms mentioned by the authority. This compliance monitoring system will take 2-3 months to complete from now. He mentioned, “A track record of each food business will help while issuing a fresh licence for new products. Right now, we don’t have a proper record at one place.”

At the time of issuing a licence, the regulator of the whole process will notice as well if the company is following the product standard and marked norms among others or not, he said.

Recommended: Buy 1 Get 1 Offer Stopped by Food Chain Companies Due to GST

He further said, “These parameters will also be attached while issuing a licence.” FSSAI is ready to make a framework and anticipated provisions and hire a third party agency to handle the rating related work. He said, “We are ready with the framework. But who will do the rating? Globally, it is done by the regulatory staff. Since our staff is limited, we are exploring a third party agency.”

To start with, states will do a hygiene rating in listed cities. “As we gain confidence, we will make it compulsory,” he favoured.

CEO said the authority is paying heed to self-compliance regarding the food safety norms. To make everything systematic, the businesses are educated to make sure that at least one person in a business must train in food safety precautionary and will work as a safety advisor/officer in every business.

Till yet, 800-odd training programmes have been directed taking 18,000 members. He said, “As we create the capacity, we are going to make it mandatory in a phased manner in the next 1-2 years.”

Disclaimer:- "All the information given is from credible and authentic resources and has been published after moderation. Any change in detail or information other than fact must be considered a human error. The blog we write is to provide updated information. You can raise any query on matters related to blog content. Also, note that we don’t provide any type of consultancy so we are sorry for being unable to reply to consultancy queries. Also, we do mention that our replies are solely on a practical basis and we advise you to cross verify with professional authorities for a fact check."

Published by Rekha Rawat (Ex-Employee)
Rekha Rawat here, I am a content writer and engineer. Being a plethora, I love to explore new fields. I try my best to deliver impeccable content. Currently, I am working in SAG Infotech Private Limited as a content writer. View more posts
SAGINFOTECH PRODUCTS

Leave a comment

Your email address will not be published. Required fields are marked *

Follow Us on Google News

Google News

Latest Posts

New Offer for Tax Experts

Huge Discount on Tax Software

Upto 20% Off
Tax, ROC/MCA, XBRL, Payroll, Online GST

Limited Offer, Hurry

Best Offer for Tax Professionals

Upto 20% Discount on Tax Software

    Select Product*

    Current GST Due Dates