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GST DAIRY PRODUCTS
Higher petrol, diesel prices threaten to rekindle inflation pressures: ReportFuel prices are rising in India. This will increase transport and manufacturing costs. These higher costs will likely lead to more inflatio...- Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 35%The price hikes in petrol and diesel follow the increase in the duty on gold. The way these hikes are being implemented makes it clear that...
- Amul hits ₹1 lakh crore in sales; MD says India could be dairy to the world within a decadeAmul's remarkable growth signals a bright future for India's dairy sector. Recent GST cuts are a game-changer, benefiting farmers and consu...
- Heritage Foods cuts dairy prices following GST reductionHeritage Foods on Thursday announced price cuts across its dairy range after the GST Council reduced rates on dairy products. Effective Sep...
- Why your everyday-milk pouches are not getting cheaper despite the GST rejigIndia’s top dairy brands Amul and Mother Dairy clarified that pouch milk prices remain unchanged under the new GST regime, as it has always...
- Mother Dairy to slash paneer, butter & certain milk prices as company passes on GST benefits. Check new pricesMother Dairy is reducing prices across its dairy and food products from September 22, following the government’s GST 2.0 reform. UHT milk, ...
- GST reductions to boost cooperatives, farmers, rural enterprisesThe Ministry of Cooperation reports that recent GST reforms will strengthen the cooperative sector, enhance product competitiveness, and bo...
- Dairy sector may gain Rs 11,400 crore from GST resetThe GST rate cuts are expected to curb adulteration and boost farmers’ incomes
- Reduction in GST rates of dairy products would have far-reaching benefits: Milky MistMilky Mist Dairy Food Ltd.'s CEO, K Rathnam, hails the GST rate reduction on dairy products as a significant boost for consumers and farmer...
- Food companies upbeat, expect consumer choice to shift to branded productsPackaged food companies anticipate a significant shift from unbranded to branded products. This change is expected in categories like panee...
- GST rate cut to spur demand in Rs 19 lakh cr dairy industry: GovernmentThe government is set to implement new GST rates for the dairy sector. Most dairy products will either be tax-exempt or attract only a 5% t...
- Mother Dairy to pass on benefits of GST reduction to consumers: MD Manish BandlishMother Dairy, a leading dairy firm with a turnover of Rs 17,500 crore, welcomes the GST Council's decision to reduce GST rates on various d...
- GST cuts on farm inputs, dairy products 'big Diwali gift' for farmers: Agri industryIndustry leaders applaud the government's GST rate reduction on agricultural inputs and dairy products, anticipating significant relief for...
- 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...
- Pre-packaged food set to become dearer by 5-8%The levies come at a time when commodity costs had been cooling down, which had led companies to state they would not increase prices furth...
- Prices of curd and lassi to go up as GST exemptions endThe prices of curd, lassi and buttermilk are expected to rise as a result of the GST council's decision to eliminate the GST exemptions on ...
- 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. ...
- No country for uniform gain in dairy products post GSTGhee, which is a major product sold during festivities, had attracted a 5% value-added tax (VAT) earlier in the North as against a 14.5% VA...
- Britannia to rope in partner to focus on dairy business“Dairy project is now in its final stages and in another month we can give a clear view,” Britannia Industries managing director Varun Berr...
- Industry demands cut in excise duty on dairy productsReliance Dairy Foods CEO Anup Kalra, Agrinnovate India CEO Harsev Singh, Ayurvet Managing Director Priyanka Mittal, were among other privat...
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