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Govt planning to remove gst exemption on dairy products in phases

Govt planning to remove gst exemption on dairy products in phases - Dairy News 7X7

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, scheduled to meet on 28th and 29th June 2022 at Chandigarh. Sources to media publications claim that the interim report mentions that any of the […]

Lassi exempted from GST but not Flavoured milk beverages

Lassi exempted from GST but not Flavoured milk beverages - Dairy News 7X7

The GST Authority for Advance Rulings (AAR-Gujarat) has held that Lasi the fermented milk product, is exempt from items and companies tax (GST). The AAR made the ruling in a latest case the place a Valsad-based producer and provider — Sampoorna Dairy and Agrotech — had approached it on the relevant GST fee. On the flip aspect, owing to the complexities in classification, AAR […]