date:Feb 04, 2016
ely expected that GST will be an amalgam of VAT, excise duty, octroi, entry tax, mandi fee, cess and so on. From unconfirmed reports it is known that the lowest rate of GST proposed is 18%. The Union government has worked out this percentage factoring all the aforesaid levies. It would be appropriate that the dairy industry is classified as farming and the dairy products treated as farm produce rather than processed foods.
High rate of GST, if applied, would have direct implication on milk prod