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…
GST Cut Could Make India a Dairy Export Powerhouse
R.G. Chandramogan, Chairman of Hatsun Agro Product Ltd., has called for a uniform reduction of GST on all dairy products—from the existing 12% to 5%, including ghee and ice cream. He argues this could dramatically boost India’s dairy industry, empowering farmers, increasing domestic demand, and transforming India into a global exporter. India’s annual milk production…