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AYURVEDIC PRODUCTS GST
FMCG makers P&G, Emami, HUL announce new price list; slash rates to extend GST benefitsLeading FMCG companies in India, including P&G, Emami, and HUL, have announced price cuts on various products, effective September 22. This...- 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...
- Police bust 'alcoholic ayurvedic syrup factory' in Punjab, bottles were sold through paan shops in GujaratThe police in Devbhumi Dwarka have shut down a factory in Punjab that was producing alcoholic ayurvedic syrup exclusively for the Gujarat m...
- Consumer companies seek GST cut to help push salesThe GST Council, which is expected to meet next month, had slashed tax rates on 200 products including chocolates, toothpastes, shampoos, w...
- Patanjali open to deals with MNCs: CEOFrench luxury giant LMVH had in the past said it is keen to pick up equity in Patanjali. The ayurveda products maker had forced global and ...
- Toothpaste offers Patanjali some relief as it falters in herbal warThe slowdown of Patanjali came initially on trade disruptions caused by the GST regime two years ago.
- Patanjali sales dip as rivals advance into natural spaceRamdev’s revenues fell 10% to Rs 8,135 crore in the last fiscal from Rs 9,030 crore in 2016-17.
- Patanjali plans to overtake HUL by next year, not weighing IPOPatanjali announced partnerships with 8 ecommerce companies, including Amazon, Flipkart, Paytm Mall and Grofers, for mega online push.
- Buying groceries? Make sure to check GST 'discounts'Companies have asked traders to pass on tax cuts immediately, without waiting for revised MRP. The products are set to become cheaper after...
- Colgate can't just brush off Ramdev's Patanjali effect, admits CEOColgate Palmolive’s global CEO Ian Cook acknowledges disruption caused by Patanjali after toothpaste giant posts steepest fall in market sh...
- Destocking in India hurts Colgate-Palmolive’s APAC salesAsia Pacific region accounts for about 18% of its global sales. The Indian unit will report quarterly earnings performance on August 3.
- GST rate not fixed for food supplements yetLack from nutraceuticals’ categorisation under the GST could mean they are levied the top GST rate of 28%, up from 18-22% now.
- GST to keep July 1 date: 15 stocks to gain from new dynamicsThere are expectations that the immediate benefit of GST would be felt across sectors.
- How GST impacts FMCG firmsThe FMCG companies, whose tax incidence has come down under the GST regime, are likely to pass it on to the consumers in the form of lower ...
- High GST rate on ayurvedic items: How can one feel 'Achhe Din', asks PatanjaliGST rate for classical or generic range of ayurvedic medicines must be nil and 5 per cent for patented products instead of the proposed 12 ...
- Increasing GST rate on ayurvedic products is disappointing and disheartening: Patanjali"We request the government for a review of the GST rate for the ayurvedic category in the interest of the common man," Patanjali Ayurved sp...
- Prices of soft drinks to increase 5-10%Rs 22,000-crore soft drinks industry is likely to be the hardest hit as the increase in taxes comes at a time when firms' capacity utilisat...
- It will take another quarter to inch up from the impact of demonetisation: Sunil Duggal, CEO, DaburOur position in the market is because of an understanding of consumer preference with regard to flavours and also a better management of su...
- FMCG companies pin hopes on growth oriented Budget"As with every other Budget, restraining deficits and delivering higher growth is going to be a great challenge," said Emami CFO & CEO Fina...
- Emami hires PwC for strategy roadmap in GST regimeThe GST taxation could be at 16-18 per cent and it could have a bearing on product pricing strategy.
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