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GST on dairy products likely to have direct impact on milk producers
date:Feb 04, 2016
including the cooperatives.

Proposed GST
It is well known that milk production in India has been consistently growing at 4-4.5% annually. This is because the milk producer in India has seamless farm to fork linkage through direct access to the ever expanding market for milk and milk products. High rate of GST taxation might reverse this cycle. This would cause a decline in the prices of raw milk as paid to the milk producer. The milk producer would find it difficult to manage cows and buffaloe

12/20 06:39