Krishival Foods Ltd welcomes GST cut on Nuts, Dried Fruits and Ice Cream

Krishival Foods Limited has welcomed the reduction in the GST rate for nuts, dried fruits and ice cream as confirmed at the 56th GST Council meeting.

The GST on products such as Brazil nuts, almonds, pistachios, and other dried fruits has been reduced from 12% to 5%, and on ice cream has been reduced from 18% to 5% effective September 22, 2025.

Commenting on the development, Sujit Bangar, Chairman, Krishival Foods, said, "The GST rate reduction is a transformative step for the packaged food sector. At Krishival Foods, we see this as a catalyst to accelerate category growth and strengthen India's position as a fast-emerging market for premium nuts, dried fruits, and ice creams. We are committed to harnessing this momentum by expanding availability, innovating with new offerings, and ensuring that more consumers across India can access world-class products at affordable prices."

With upcoming festive season, this policy change move is expected to drive a stronger consumption across categories, particularly in packaged foods, making high-quality nuts, dried fruits, and ice cream more accessible to a wider segment of consumers.

Shares of Krishival Foods Limited was last trading in BSE at Rs. 447.25 as compared to the previous close of Rs. 451.30. The total number of shares traded during the day was 204 in over 6 trades.

The stock hit an intraday high of Rs. 453.00 and intraday low of 447.25. The net turnover during the day was Rs. 91937.00.

Source : Equity Bulls

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KrishivalFoods FoodProducts GSTCut Welcomes Nuts DriedFruits IceCream