 "GST")
The Gujarat-based Authority for Advance Rulings (AAR) has said flavoured milk would attract 12 per cent goods and services tax (GST), a ruling that is contrary to Karnataka AAR’s which set the tax rate at 5 per cent.
The ruling was delivered in a case filed by Vadilal Industries for its product Power Sip. Harpreet Singh, partner at KPMG, said the government should now clarify its position on this issue.
The ruling was delivered in a case filed by Vadilal Industries for its product Power Sip. Harpreet Singh, partner at KPMG, said the government should now clarify its position on this issue.
