Dairy GST Cuts Bring Consumer Savings, Farmer Prosperity
India’s recent GST changes for dairy—cutting rates from 12% to 5% on ghee, cheese, and ice-cream (without chocolate), and zeroing GST on UHT milk, paneer, and chhanna—deliver significant cost relief across value-added segments. Ghee-bearing households may pocket savings of around ₹42 per kilogram, assuming full pass-through. Packaged paneer and UHT milk, now exempt, could become…