GST Council Cannot Classify Goods under GST on Flavoured Milk
While giving relief to Parle Agro on taxability of flavoured milk, the Madras High Court has held that GST Council cannot determine the classification, A single judge bench, in its…
Smoodh: Milking a growing market of Dairy beverages
Parle Agro has embarked on a mission to make its flavoured milk Smoodh a Rs 5,000-crore brand by 2025. Launched two years ago, the manufacturer of fruit drinks Frooti and…
NutriScore, Algorithm Update for Milk drinks and Beverages
On March 30, 2023 it Steering Committee of NutriScore (in which the governments of Belgium, France, Germany, Luxembourg, the Netherlands, Spain and Switzerland participate) has approved an update of the algorithm for…
Flavoured milk is not milk but a drink containing milk. So pay 12% GST
As per the GST rules, there is no GST on fresh milk, pasteurised milk, curd and lassi. But if you buy flavoured milk, you pay GST of 12%. This is because…
Britannia’s Winkin’ Cow Becomes Rs 100 crore Brand in FY22
Britannia industries said dairy beverages brand Winkin’ Cow has surpassed Rs 100-crore revenue mark and the food company is expanding its offerings to various segments in the category. The company aims…
How Parle Agro is milking the flavoured milk market with Smoodh
A few months ago, Nadia Chauhan went on an excursion to Patalganga River, some 60 km east of Mumbai. Nestled amid the rocky Sahyadri mountains and flanked by grassy vistas,…
Parle reenters dairy category with Smoodh Flavored milk
Twenty years after its brief flirtation with dairy products, Parle Agro Pvt. Ltd is back in the market with Smoodh flavoured milk, throwing a challenge to rivals such as Amul,…
Flavored milk has differential GST tarriff line from 5% to 12% across India
Flavoured milk has found different flavours with different Authorities for Advance Rulings (AARs). While Gujarat AAR followed its counterparts in Tamil Nadu and Andhra Pradesh to hold GST at the…
Covid second wave will impact consumption of chilled dairy products
Ice-cream, buttermilk and flavoured milk could see some short-term demand constraints as consumers focus on essentials amid fresh round of restrictions to curb spread of covid-19, according to a report…
Flavoured milk market will grow to be 71% of dairy drink in India by 2028
India may be one of the largest milk producers globally, Indian consumers associate milk with being healthy and just 37 per cent perceive milk to be a high source of…