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GST ON MILK
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...- Liquor stocks have macro tailwinds, but will FTAs become a problem? 6 liquor stocks with an upside potential of up to 26%Supply chain disruptions caused by the US-Israel-Iran conflict have a second-order impact on several industries. The liquor sector is no ex...
- 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...
- Consumer goods cos upbeat as GST tailwinds lift volumes in March quarterConsumer goods companies and retailers like Marico, Dabur India, and DMart reported a sales rebound in the March quarter, driven by volume ...
- GST on milk and education? Here's a fact check by Finance Minister in Lok SabhaFinance Minister Nirmala Sitharaman addressed claims regarding Goods and Services Tax in Lok Sabha. She clarified that milk has always been...
- '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...
- 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, ...
- 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...
- 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...
- 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...
- 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...
- 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.
- BJP govt doesn't even want Janmashtami to be celebrated: Akhilesh Yadav on GST on milk productsReferring to Chief Minister Yogi Adityanath's recent visit to Kashi Vishwanath temple in Varanasi, Yadav said he had heard that the chief m...
- Traders can't pass on new GST levy, says Karnataka CM; GST experts disagreeThese levies were not meant to be passed on to consumers, he told media-persons, responding to a volley of questions on the sudden increase...
- 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...
- Sugar, tea, coffee, milk powder to cost less under GSTCurrently, sugar attracts specific central excise duty of Rs 71 per quintal plus a cess of Rs 124, which translates into ad valorem rate of...
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