GST impact ‘marginal’ on dairy, agro items: Finance Minister
Finance Ministry has said that the net impact of GST on various dairy and agro products would be ‘marginal’ because of Input Tax Credit. It also acknowledged receiving petitions for…
Firms not passing on ITC in prepacked Dairy may face profiteering charges
Companies not passing on the benefit of Input Tax Credit (ITC) on pre-packaged dairy and agro items may face profiteering charges. Experts say prices of such products need not go…
Will ask traders not to pass on 5% GST on dairy products to consumers
Dealers, who were not claiming the input tax credit earlier, can get it reimbursed now Chief Minister Basavaraj Bommai, who also heads the Group of Ministers (GoM) on GST rate…
Curd, Buttermilk, Lassi to become costlier from 18th Jul
This is the first channel dedicated to dairy-related news from India and abroad. It will cover top seven dairy news from last seven days. The news will be aired on…
GST on Paneer will hit the cottage industry and dairy lovers alike
1. Due to the increase in fodder and fertilizer prices, Indian dairy and cattle farmers have been barely recovering their input costs. 2.With the new GST on cottage cheese and other dairy products, meat and dairy…
Milma demands Roll back of recently announced gst on fresh milk products
‘Move to cause severe stress on country’s strained dairy sector’ The Kerala Cooperative Milk Marketing Federation (KCMMF), known by its brand name Milma, has demanded rollback of the GST Council’s…
Paneer, Meat, Papad Will Cost You More From July 18.
The tax rates on certain goods and services will rise from July 18, including some new products brought into the the tax net, under the Goods and Services Tax (GST),…
GST rates levied on healthy dairying : buttermilk, curd, lassi and paneer
The Goods and Services Tax (GST) Council on Tuesday decided to remove a host of tax exemptions and hike rates for an even larger number of mass-consumption items. It approved…
Govt planning to remove gst exemption on dairy products in phases
The Group of Ministers (GoM) formed for GST rate rationalisation met on 17th June 2022, making some key proposals. It shall be placing an interim report before the GST Council,…
Don’t follow a trend , Follow your heart : A blog by Kuldeep Sharma
India recorded over 3.57 lakh new covid-19 cases in the 24 hours ending 8 am Tuesday, taking the total infections past the 2 crore mark. With this the country reported…