Aug 03, 2017

Bread prices unchanged until flour prices reduce

Although the taxes on wheat flour has been reduced, so far the price of flour has not been reduced. Hence, the Bakery Owners Association said until the price of flour is reduced, the price of bread and other bakery products will not be reduced.

They said as soon as the price of flour is reduced, they would reduce the price of all bakery products accordingly.

The government recently took measures to reduce the price of wheat grain and flour. Accordingly, the cess tax per kilogram of wheat flour was reduced from Rs. 25 to Rs. 15.

However, the wheat flour manufacturers claim that although the taxes have been reduced, they have not been notified in writing. Therefore they claim they are unable to take a decision regarding the reduction of wheat flour.