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GST ON AMUL
GST gains eroded by Gulf war: Dabur CEO Mohit MalhotraDabur's CEO Mohit Malhotra says the West Asia war has impacted the gains from GST measures. The company is raising prices and acquiring dig...- 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...
- GST rate cuts spark record sales for auto, consumer electronic and FMCG companiesAutomobile, electronics, and FMCG firms anticipate record sales to retailers on Monday due to GST rate cuts. Bookings surged after a month-...
- Amul cuts prices of 700 product packs, ghee to be cheaper by Rs 40/litre from Sep 22GCMMF, the owner of Amul brand, has declared a reduction in the retail prices of over 700 product packs, encompassing items like ghee, butt...
- 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...
- Amul rules out pouch milk price cut; only longlife UHT milk to get GST reliefAmul has clarified that packaged pouch milk prices will not change from September 22, as it has always attracted zero GST. Reports of a pri...
- No repack: FMCG watches its wastelineConsumer goods companies are urging the government to allow the sale of existing inventory with current packaging, albeit at reduced prices...
- GST 2.0: Consumer cos readying big festive splash to boost salesIndian consumer companies, including Reliance Retail and automakers like Hyundai, are increasing marketing and advertising budgets by 15-20...
- GST Bonanza: Consumer chiefs vow to start slashing your bills...Leading consumer goods companies, including HUL, Britannia, and Amul, are swiftly reducing prices and increasing grammage to pass on the be...
- GST reforms: Grocery essentials to be cheaper by nearly 15%Following GST reforms, prices of essential groceries like biscuits, soaps, and noodles are expected to decrease by 10-15%, potentially boos...
- It is boom time for dairy sector; Amul’s Q1 growth is over 36%: MD“Among all the food items, the minimum price increase has happened in milk, only 8-9% in the last one and a half-two years. Amul or the oth...
- 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 ...
- 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...
- FMCG consumption down, but branded item sales on the riseListed consumer goods firms such as HUL, Marico and Dabur posted their fastest volume growth in at least five years, helped by a favourable...
- GST rate cuts: Discretionary spending likely to gather steamDiscretionary spending on electronics has been down since demonetisation in November 2016.
- Indian consumer products market sees 13.5% growth in FY18Growth was fuelled partly by the low base following demonetisation, a good monsoon, improving market sentiment after the introduction of th...
- Steps taken to pass on rate cut gains: FMCG companiesAfter 178 products including were moved to the 18% GST slab in Nov, CBEC wrote to more than a 100 companies asking them to ensure that the ...
- Post tax rate cut, FMCG firms set to reduce pricesTax experts said the companies must settle these issues at the earliest as the law makes it compulsory for them to pass on the benefits.
- GST impact: Dairy companies see no revenue change; say consumer will be the kingProducers of pickles, jam, tomato ketchup, however, complained that GST had raised the taxation level and said sales had slumped after the ...
- Carmakers cut prices, iPhones too cheaper; ghee gets costlierThe reduction in car prices ranges from around Rs 2,300 for Maruti Alto to over Rs 5 lakh in case of luxury vehicles such as Jaguar XJ.
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