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Flavoured milk taxable at 12% under GST: AAR rules in Amul dairy case

Posted on : Apr 18, 2021

Earlier the Karnataka AAR, in an application of Karnataka Cooperative Milk Producers Federation, had ruled that flavoured milk is taxable at 5 per cent.

Flavoured milk taxable at 12% under GST: AAR rules in Amul dairy case

Posted on : Apr 18, 2021

Flavoured milk is basically 'beverage containing milk' and will attract 12 per cent GST, the Gujarat Authority for Advance Ruling (AAR) has said

Steel prices may take 2 yrs to cool down as demand increases: JSPL MD

Posted on : Apr 18, 2021

Steel prices might take at least two years to cool down as its demand is consistently increasing, a top industry executive said

Second COVID wave could spark greater uncertainty; govt will respond with fiscal steps if required: Niti Aayog Vice Chairman

Posted on : Apr 18, 2021

While acknowledging that the present situation has become far more difficult than it was in the past due to rising coronavirus infections, Rajiv Kumar remained hopeful that the country's economy will grow 11 per cent in the current fiscal ending March 31, 2022.

India’s power consumption grows nearly 45 pc in first half of April

Posted on : Apr 18, 2021

Power consumption in the country grew nearly 45 per cent in the first half of April to 60.62 billion units over the corresponding period a year ago