The next-gen goods and services tax (GST) reforms have opened up new prospects for food companies such as AWL Agri Business, which is best-known for its Fortune brand of edible oils . The company is evaluating entry into ready-to-eat products such as roti and paratha that have been exempted from GST, MD and CEO Angshu Mallick told FE in an interaction on Thursday.

“The change in the GST rate structure does open up possibilities for us,” Mallick said. “You have a situation where ready-to-eat products such as roti and paratha are exempt from GST, while packaged atta attracts 5% GST. This presents an opportunity for us (in terms of an entry). We are looking at all of this closely,” he said.

The company on Wednesday announced a partnership with Solvent Extractors’ Association of India (S

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