Recent GST rate reductions on dairy products, frozen foods, and meats to 5% are poised to boost demand and affordability. Companies like Parag Milk Foods and Heritage Foods welcome the move, anticipating increased consumption and benefits for both consumers and farmers. This reform is expected to encourage healthier diets and strengthen the organized food sector.
from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/grocery/gst-cuts-on-dairy-frozen-foods-set-to-boost-demand-say-industry-leaders/123711195
from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/grocery/gst-cuts-on-dairy-frozen-foods-set-to-boost-demand-say-industry-leaders/123711195