India: Revised GST Rates Get Mixed Response From Agriculture Sector
Revision of the GST rates has received mixed response from the agriculture sector.
"The GST recalibration for India's dairy industry, moving everyday staples like paneer to the 0% slab, and ghee, butter, and cheese from 12% to 5%, will have a broad impact, as these categories touch nearly 100% of Indian households," said Bhuvaneswari Nara, Vice-Chairperson and Managing Director, Heritage Foods.
This shift strengthens formal supply chains, builds consumer trust, and supports more nutritious diets. Dairy products such as paneer, butter, and ghee are staples in every Indian...
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