KMF Urges GST Council to Reclassify Flavoured Milk as Dairy Product to Reduce Tax Burden

• KMF officials met with Revenue Minister Krishna Byre Gowda to request a reduction in GST on flavoured milk
• They want the GST on flavoured milk to be reduced from 12% to 5% by changing its category from beverage to dairy product
• The request was made following a Tamil Nadu High Court order stating flavoured milk is not a beverage
• KMF wants GST reduced for all milk-based products, especially flavoured milk
• KMF argues that flavoured milk has low sugar content and should be considered a dairy product
• The different tax structures are an additional burden for KMF, a farmer union based firm
• KMF hopes the issue will be addressed in the upcoming GST council meeting, potentially saving them Rs 30 crore annually.

Source: a2ztaxcorp.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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