China Sets New Dairy Tariffs on EU Imports After Probe
China will impose anti-subsidy duties ranging from 7.4 % to 11.7 % on certain dairy products imported from the European Union, effective 13 February 2026, the country’s Ministry of Commerce announced following the conclusion of an 18-month investigation into alleged subsidies on EU dairy exports. The tariffs, which will remain in force for five years,…
Amul Cuts Milk Prices For 1 per Litre Packs Across India
Amul Milk New Price: In Delhi, the rate of Amul Gold milk has been reduced to Rs 67 from Rs 68 per litre while price of Amul Taaza will now be Rs 55 from Rs 56 per litre earlier. Gujarat Cooperative Milk Marketing Federation (GCMMF), which markets dairy products under the Amul brand, has reduced…
Andhra High Court lowers GST to 5% for badam milk
The Andhra Pradesh High Court recently ruled that badam ‘flavoured milk’ is not a beverage but is classifiable under a specific entry as ‘milk.’ The matter highlights a yet another classification issue under the goods and services tax (GST) regime, that reached the courts and baffled both the dairy industry and the taxpayers. Simply put,…