Curd, buttermilk and lassi get costlier, thanks to 5% GST
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From Monday, popular private dairies will hike the prices of curd, buttermilk and lassi when the 5% Goods and Services Tax (GST) on the items comes into force.
However, many of us are not hiking the price of the 150-g pack from ₹10 as companies will absorb the tax. Most of the time, its the poorest of the poor who buy this pack,” a dairy representative in the city said.
Even before the inclusion of these items under the GST, a section of dairies had decreased the quantity of curd in the ₹10 packet by about 10 g and maintained the price.
Milk dealers have criticised the decision, saying the government should find other avenues for raising revenue.
the Tamil Nadu Cooperative Milk Producers’ Federation will wait before it revises the rates.
The federation, whose top brand is Aavin, has approached the GST Council seeking an exemption along with other cooperatives in the country like Amul and Nandhini.