Resolve GST rate ambiguity on flavoured milk, levy 5%: Dairy Industry

Dairy industry in Telangana has urged the State government to help resolve ambiguity surrounding the Goods and Services Tax rate on flavoured milk by pushing for a formal GST Council notification for a uniform 5% levy. The State government recommending uniform GST classification for flavoured milk under the 5% GST slab will be in line with judicial rulings and industry practices as well as ensure…