Supply of ice cream from the outlets is not restaurant services
The Gujarat Authority for Advance Ruling (AAR) in the case of M/s HRPL Restaurants Pvt. Ltd. Vide Advance Ruling No. GUJ/GAAR/R/2023/08 dated 22.02.2023 Ltd. has ruled that the supply of ice cream from the outlets cannot be classified as the supply of ‘restaurant services’, leviable to GST 18%. In this case, the applicant is engaged in the restaurant business…
Global dairy price index down by 0.7%. Cheddar prices crashed
Global dairy price index went down by 0.7% at its 327th auction on March 7th 2023. The new average price is USD 3403 per MT.The total traded commodities volumes also contracted to 26747 MT. Cheddar cheese was the major casualty with its prices crashing in double digit. It has been a second consecutive drop in…
Meat, dairy and rice production will bust 1.5C climate target
Emissions from the food system alone will drive the world past 1.5C of global heating, unless high-methane foods are tackled as per a study. Climate-heating emissions from food production, dominated by meat, dairy and rice, will by themselves break the key international target of 1.5C if left unchecked, a detailed study has shown. The analysis…
Dairy Consumption Linked to Prostate, Ovarian, Breast Cancers
Naturally occurring hormones and compounds in dairy products may play a role in increasing the risk of breast, ovarian, and prostate cancers, according to a new narrative review by the Physicians Committee for Responsible Medicine published in the International Journal for Disease Reversal and Prevention. “Ditch the dairy to avoid the naturally occurring hormones and compounds…
Production down, Bengaluru staring at milk scarcity, says Bamul
With milk production in and around Bengaluru coming down from 14-15 lakh litres a day to 12-13 lakh litres in less than a couple of months, Bengaluru could soon face a scarcity in milk supply in the coming months, reports Niranjan Kaggere. Bangalore Milk Union Ltd (Bamul), one of the largest federations of Karnataka, said…
Milk prices to stay elevated till Diwali: Mother Dairy MD
Milk prices are likely to be at elevated levels till October this year due to high cost of feed and raw material, and supply challenges, a senior official of Mother Dairy, a major milk supplier in the Delhi-NCR region, said on Monday. Organised players, including Mother Dairy and Amul, hiked milk prices multiple times in the…
FMCG, Dairy betting on double-digit sales growth this summer
Demand for ice creams and cold beverages like Cola have surged because of the onset of early summer and sales are likely to grow in strong double-digits this season, according to top executives of FMCG and dairy firms. The summer season will also get a tailwind in the form of an abatement of the pandemic…
FSSAI asks states, UTs to deploy mobile testing vans
Food regulator FSSAI has asked states and Union Territories to deploy mobile testing vans to check quality of milk and milk products considering higher demand during upcoming Holi festival. The Food Safety and Standards Authority of India (FSSAI) said in a statement that it has “directed states/UTs to deploy Food Safety on Wheels (FSW) mobile…
Citizens complain of poor quality of milk; KMF Bangaluru
Several Bengalureans had an unpleasant morning on Wednesday and Thursday as their plans to sip a hot cuppa were foiled by spoilt milk. Much to the surprise of many, the regular Nandini toned milk (blue packet) supplied by Karnataka Milk Federation (KMF) was spoiled. Many people even called up the helpline number and shared their experiences. The…
Buffalo Milk Prices Increased From Today In Mumbai
The buffalo milk wholesale prices in Mumbai will shoot up by Rs 5/litre from midnight on Tuesday and could trigger a significant cascading effect on the entire food industry that depends on it as its raw material, milk industry players say. Portending a hard hit, the Mumbai Milk Producers Association (MMPA) last Friday announced the…