GST on dairy products likely to have direct impact on milk producers
date:Feb 04, 2016
he milk producer. High rate of GST might also increase the consumer prices of dairy products substantially. The consumer would have a tendency to reduce the consumption of processed dairy foods as well as milks. If the consumer moves more towards the traditional vendor, the organised dairy sector that has been wresting the market of vendors, would contract in size and consequentially reduce its reach to the milk producer. This would halt the expansion and investment in the organised dairy sector
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