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FLAVOURED MILK TAX
In war, anything can happen; in investing, only management matters. 6 stocks from different sectors with upside potential of up to 27%Net margin is a useful metric. It tells you how much profit remains after costs, interest, and tax are deducted from revenue. But it does n...- GST 2.0 gets the green light: What gets cheaper and costlier from September 22?GST Meeting Cheaper, Costlier: The GST Council has approved changes to India's indirect tax structure. Many daily-use goods will become che...
- GST 2.0: Biggest gainers and losers of the new tax regimeIndia has announced revised Goods and Services Tax (GST) rates. Finance Minister Nirmala Sitharaman announced GST cuts on many items. The c...
- Candy or cure? Popular digestive Hajmola product faces GST troubleHajmola, a popular digestive tablet, is under GST investigation. Authorities question its classification. They want to determine if it is a...
- Softy ice cream mix not dairy produce, attracts 18 pc GST: AARSofty ice cream mix in vanilla flavour, containing 61.2% sugar and 34% milk solids, is not classified as a dairy product and will attract 1...
- High Court rules mango pulp be taxed at 12%Earlier, exporters and businessmen faced problems due to confusion in rates on different forms of mango, like sliced, dried mangoes or mang...
- Flavoured milk's a drink, will be taxed, says AAAR rulingGujarat AAAR affirmed the AAR ruling on classification and said that flavoured milk is not milk but a beverage containing milk.
- Bibek Debroy decodes the curious case of tax on pizza toppingsWhat is the GST rate on pizzas? There isn't one. That's the point. The GST rate on pizza bread - note the expression - is 5%. But if it is ...
- 'Pizza topping is not pizza, so will attract a higher GST levy'GST rates on pizzas differ on the basis of how they are prepared and sold. A pizza sold and eaten within a restaurant attracts 5% GST, the ...
- Lassi jaisi koi nahi: Flavoured milk is not milk but flavoured lassi is lassi, says AAR rulingUnder the Goods and Services Tax (GST) framework, both milk and lassi are exempt from any tax.But, while flavoured lassi continues to remai...
- Lassi exempt from GST, AAR Gujarat rulesA ruling made by the GST Authority for Advance Rulings (AAR-Gujarat) has held that lassi, the fermented milk beverage, is exempt from GST. ...
- Flavoured milk taxable at 12% under GST: AAR rules in Amul dairy caseEarlier the Karnataka AAR, in an application of Karnataka Cooperative Milk Producers Federation, had ruled that flavoured milk is taxable a...
- Hold Parag Milk Foods, target price Rs 145: ICICI SecuritiesI-Sec assumes 5 per cent reduction in consumption of milk and milk products in FY21.
- Alcohol ban making Bihar land of milk & honey: State studyA study by the Development Management Institute (DMI), Patna showed a 17.5% increase in the purchase of milk products in 2016-17 compared w...
- GST will help lower food inflation by 2 per cent: Radhamohan SinghUnder the GST, agriculture produce from foodgrains, oilseeds, fruits and vegetables, milk, spices, fish, meat, and sugarcane will attract z...
- You will have to shell out more for banking transactions from JulyThese services were so far taxed at 15% and the hike in the tax rate means that individuals will have to pay Rs 3 more for every Rs 100 pai...
- Kwality Q3 net profit rises 3.5% to Rs 37.4 croreNet sales rose to Rs 1,441.22 crore in the third quarter of this fiscal from Rs 1,286.11 crore in the corresponding period of the previous ...
- BJP, Congress MLAs spat over 'doodhwala-chaiwala' remarks in assembly"Siddaramaiah's doodhwala government is much better than Narendra Modi's chaiwala government," Basavaraj Rayaraddi said.
- Budget 2012: Excise duty increased for food sector, makes packaged food products and ready-to-eat products costlierThe increase in excise duty on icecream and flavoured milk from 1% to 2% at the onset of the summer season may not augur well for ice-cream...
- Milk prices to remain stable for some timeDairy owners not planning a sudden price hike owing to sufficient supply of milk powder.
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