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GST on dairy products likely to have direct impact on milk producers
date:Feb 04, 2016
ucers. Dairy is perhaps the only industry that is able to pay to the milk producer about 70% of what is charged from the consumer. No other food processing industry in India is able to meet such high expectations of the farmers.

In fact in most countries that have well developed dairy industry, the highest proportion of the consumer that is passed does not exceed 35% of the amount paid by the consumer. It is apprehended that high GST would incite the industry to reduce the milk prices paid to t

12/20 10:15