IMPACT OF GST RATIONALISATION ON COOPERATIVES

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The impact of recent GST rationalisation on cooperatives, particularly those operating in the dairy, food processing, agriculture and rural enterprises sectors throughout the country is as follows:- Dairy Sector i. The GST on Milk & Paneer has been made ‘nil’ and the GST on Butter, Ghee, Cheese, Milk cans etc. has been reduced from 12%…