what's the impact of gst on dairy products processed and packed ?
what are the difference rates of gst applicable on different milk products ?
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impact of gst on packed dairy products
Replies (2)
Nil GST RATE;
1. Fresh milk and pasteurised milk, including separated milk, milk and cream, not concentrated nor containing added sugar or other sweetening matter, excluding Ultra High Temperature (UHT) milk
2. Eggs Birds' eggs, in shell, fresh, preserved or cooked [0407]
3. Curd
4. Lassi
5. Butter milk
6. Chena or paneer, other than put up in unit containers and bearing a registered brand name.
7. Natural honey, other than put up in unit container and bearing a registered brand name.
5% GST RATE;
All goods not specified elsewhere.
1. Ultra High Temperature (UHT) milk
2. Milk and cream, concentrated or containing added sugar or other sweetening matter including skimmed milk powder, milk food for babies, excluding condensed milk.
3. Cream, yogurt, kephir and other fermented or acidified milk and cream, whether or not concentrated or containing added sugar or other sweetening matter or flavoured or containing added fruit, nuts or cocoa
4. Whey, whether or not concentrated or containing added sugar or other sweetening matter; products consisting of natural milk constituents, whether or not containing added sugar or other sweetening matter, not elsewhere specified or included.
5. Chena or paneer put up in unit container and bearing a registered brand name .
6. Birds' eggs, not in shell, and egg yolks, fresh, dried, cooked by steaming or by boiling in water, moulded, frozen or otherwise preserved, whether or not containing added sugar or other sweetening matter.
7. Natural honey, put up in unit container and bearing a registered brand name.
8. Edible products of animal origin, not elsewhere specified or included.
12% GST RATE;
1. Butter and other fats (ghee, butter oil, etc.) and oils derived from milk; dairy spreads
2. Cheese
18% GST RATE;
1. Condensed milk
Alos refer: impact-of-gst-on-dairy-industry
Dear Sir,
can we take input (credit) of GST imposed on Ghee / Butter / Paneer..? Please advice
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