Food Service Sector Eyes Budget 2026-27 for GST Relief, Sustainability Support

Budget
C
CNBC Awaaz•19-12-2025, 14:34
Food Service Sector Eyes Budget 2026-27 for GST Relief, Sustainability Support
- •Food service sector holds positive expectations for Union Budget 2026-27, seeking relief for employment, consumption, and changing trends.
- •Industry faces significant pressure from rising input costs, high rents, and increasing compliance expenses, squeezing margins.
- •Key demand is GST relief, particularly Input Tax Credit for organized players, to reduce costs and formalize businesses.
- •Calls for systematic incentives promoting skill development, food safety upgrades, and technology in the supply chain.
- •Advocates for budget support for energy-efficient kitchens and waste management solutions for long-term sustainability.
Why It Matters: Food service sector seeks crucial GST relief, cost reduction, and sustainability incentives from Budget 2026-27.
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