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ICE CREAM GST
HUL Q3 Preview: Will GST transition dent profit, revenue growth for consumer goods major?Hindustan Unilever Ltd is set to reveal its third-quarter financial results. Revenue growth is anticipated to be modest. Adjusted profit af...
HUL shares decline 7% on record date for ice cream business demergerHindustan Unilever Ltd (HUL) has set December 5, 2025, as the record date for the demerger of its ice-cream business into Kwality Wall’s (I...
'Nandini' milk products' prices go down with GST 2.0The Karnataka Milk Federation (KMF) has announced reduced prices for 'Nandini' milk products, effective from September 22, 2025, due to the...
Retailers, quick commerce stores packed with lower-priced FMCG stockAhead of the GST rate cut, consumer product companies are proactively reducing prices on items like ice cream, soaps, and shampoos. Brands ...
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 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...
Ice-cream lovers beware: GST body drops a sugar bomb on softy mixThe GST Authority for Advance Rulings - Rajasthan bench ruled that softy ice-cream mix's primary component is sugar, not milk. Thus, it att...
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...
Ecommerce sellers count on cash-flow gains from GST cutRecommendations by the GST council aim to benefit suppliers on online platforms and real money gaming firms through tax changes, including ...
Ice-cream parlours to attract 18% goods and services tax: CBICIt said in a circular that past tax dues of ice-cream parlours that attracted GST at the rate of 5% without input tax credit shall be treat...
The curious case of GST on ice cream parlours: To tax at 5% or 18%It was expected that the GST regime would resolve this issue and put an end to this controversy. Even though the earlier issues were resolv...
Ice-cream parlours facing a meltdown over 18% GST levyThe plea stems from the fear of getting notices asking them to pay the higher levy retrospectively from July 1, 2017 — when India moved to ...
Same GST slab for ice-cream sold anywhere: Finance ministryThe government said a GST of 18% should be levied on ice cream even when they are sold inside a parlour. Earlier, ice creams attracted 5% t...
GST of 18% applicable on ice creams not 5% from here on: government tells taxmenThe government said that a GST of 18% should be levied on ice creams even when they are sold inside a restaurant. Earlier ice creams attrac...
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 ...
Ice cream, tobacco makers can't opt for GST composition schemeAs per finance ministry notification, manufacturer of ice cream, and other edible ice, whether or not containing cocoa, shall not be eligib...
Lawyers are smiling as GST set to fuel litigation waveEven before the planned July 1 roll out, about 100,000 indirect tax appeals were clogging India’s judicial system at the end of March, 2015.