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 rationalisation, announced here on Monday that he will ask traders not to pass on to consumers the 5 per cent GST levy on dairy items,…
Amul achieves group turnover of Rs 61,000 crore for FY 22
Turnover grew by 18.46% YoY – faster than its 12-year CAGR of 16% Dairy major and Amul marketer, Gujarat Cooperative Milk Marketing Federation (GCMMF), on Tuesday reported group turnover of ₹61,000 crore for the fiscal 2021-22. The dairy federation held its 48th Annual General Body Meeting on Tuesday. GCMMF is a federation of 18 members district dairy…
Amul MD Urges Jammu-Kashmir LG To Identify Land For Dairy Plant
Gujarat Cooperative Milk Marketing Federation Managing Director Rupinder Singh Sodhi on Sunday urged Jammu and Kashmir Lieutenant Governor Manoj Sinha to identify a suitable land to set up a new dairy plant in the UT, an official spokesperson said. Sodhi, accompanied by JKMPCL CEO Gaurav Sharma, informed Sinha that the implementation of Integrated Dairy Development…
Baghel govt. digs its toes in politics of cow urine
In what appears to be the adoption of cow politics by a Congress government, the Bhupesh Baghel-led administration in Chhattisgarh has approved the procurement of cow urine and extended its Godhan Nyay Yojana. “We will launch the pilot of the scheme under the Godhan Nyay Yojana, a part of Narva Garva Ghurva Bari initiative, under…
GST rate on pre-packaged, pre-labelled dairy & agri products notified
Loose sale continue to be exempted; room rent of ₹5,000 plus in hospital to attract GST Get ready to pay more not just for pre-packaged and labelled curd, lassi, flour, rice etc but also for cutleries. The Finance Ministry has notified GST rates for various goods sold as pre-packaged and pre-labelled beside others. Tax officials have…
GST rate on pre-packaged, pre-labelled dairy & agri products notified
Loose sale continue to be exempted; room rent of ₹5,000 plus in hospital to attract GST Get ready to pay more not just for pre-packaged and labelled curd, lassi, flour, rice etc but also for cutleries. The Finance Ministry has notified GST rates for various goods sold as pre-packaged and pre-labelled beside others. Tax officials have…
Licensing rules for dairy and poultry farms to be liberalised in Kerala
Dairy park to come up at Kolahalamedu in Idukki The State government is planning to liberalise the licensing rules for dairy and poultry farms to enhance the domestic production of milk, meat and eggs. Minister for Animal Husbandry and Dairy Development J. Chinchurani told the Assembly on Tuesday that the proposed reforms were expected to…
₹1,650-cr ‘price difference’ for Banas Dairy’s producers
It is no less than a celebration for Harjibhai Chaudhary, a milk producer at Thavar village in Banaskantha district of North Gujarat, as he will be getting around ₹2.5 lakh in the price difference announced by the district dairy union, Banas Dairy, for its 5 lakh milk producer members on Monday. At the 54th Annual…
Dairy Farmers to Stage Dharna in front of Parliament on 27 Jul on GST
The Dairy Farmers Federation of India (DFFI), which is part of the All India Kisan Sabha, has called upon dairy farmers across the country to join a dharna and a demonstration in front of the Parliament on July 27. The organisation has asked dairy cooperatives and traders to participate in the campaign against GST imposition on dairy…
New GST regime on dairy products will hit farmers, entrepreneurs
At a time when cost of dairying is increasing, the Goods and Services Tax (GST) Council decision to impose 5% tax on curd, butter milk, and lassi has come as a dampener for the dairy sector. “Dairy sector is a source of livelihood for people in the lower strata of society. GST on high-demand milk…