Tag: GST Order

  • Amul Slashes Prices on 700 Dairy Products Following GST Rate Cut

    Amul has lowered the cost of almost 700 product packs, which include ice cream, cheese, butter, ghee, and frozen snacks. The revised prices will take effect on September 22, 2025. The price change comes after the GST rates were recently lowered. The change was made in response to Gujarat Co-operative Milk Marketing Federation Limited’s (GCMMF) decision to fully pass on the advantages of the most recent GST rate reduction to consumers. GCMMF sells dairy products under the Amul brand.

    With effect from September 22, there have been significant price reductions for over 700 product packs, including those for butter, ghee, cheese, paneer, chocolates, baked goods, and frozen snacks. Amul Butter (100 g) used to cost INR 62, but now it only costs INR 58. The 500g bag used to cost INR 305, but now it costs INR 285.

    The price of ghee has been drastically reduced; the 1-litre carton is now INR 40 less than it was before, at INR 610, and the 5-litre tin is now INR 200 less, at INR 3,075. With Amul Gold (1L UHT) going from INR 83 to INR 80 and Amul Taaza Toned Milk (1L UHT) going from INR 77 to INR 75, milk has also been more reasonably priced.

    Drop in Prices of Frozen Items, Ice Cream, and Chocolates

    Cuts have also been made to processed and frozen foods. The price of 200g of frozen paneer has decreased from INR 99 to INR 95, and the price of a 1kg block of processed cheese has decreased by INR 30 to INR 545. Smaller packages, such as 200g of cheese cubes and 200g of chopped cheese blend, cost INR 9 and INR 14, respectively. Some of the biggest cuts have been made to the ice cream line.

    While the well-liked Kulfi Punjabi (60 ml) now only costs INR 10 instead of INR 15, the price of Tub Vanilla Magic (1 L) has decreased from INR 195 to INR 135 (a savings of INR 60). Even small cup portions, such as Strawberry Cup (55 ml), are now available for INR 10 instead of INR 20, while premium flavours, like Duetz Gold Mango (60 ml), have been lowered by INR 25.

    The price of the 150g Amul Dark Chocolate has dropped from INR 200 to INR 180, and the price of the 250g Chocominis tub has decreased from INR 40 to INR 400. A 450g container of sugar-free cookies is now available for INR 225 instead of INR 250, and bakery goods like Amul Butter Cookies (200g) have decreased by INR 10 to INR 65.

    Especial Items also Witnessed Price Deductions

    Speciality products, like Amul Mithai Mate (400g tin), are also less expensive; they now cost INR 120 after an INR 10 discount. Amul French Fries (1.25kg) are now available at INR 365 instead of INR 405. “GCMMF said in a statement that Amul thinks the price cut will increase consumption of a variety of dairy products, especially ice cream, cheese, and butter, as the per capita consumption is still very low in India, creating a large growth opportunity.”

    GCMMF, which is owned by 36 lakh farmers, stated that the action is anticipated to increase demand and increase its revenue. Mother Dairy had previously declared price reductions for all of its products beginning on September 22.

    Quick
    Shots

    •Price reductions apply to butter,
    ghee, cheese, paneer, milk, chocolates, bakery items, and frozen snacks.

    •Amul Butter (100g): down from INR 62
    to INR 58; 500g pack reduced from INR 305 to INR 285.

    •Ghee: 1L carton reduced by INR 40 to
    INR 610; 5L tin down by INR 200 to INR 3,075.

    •Milk: Amul Gold 1L UHT now INR 80
    (earlier INR 83); Amul Taaza 1L UHT now INR 75 (earlier INR 77).

  • Eternal (Zomato & Blinkit Owner) Faces INR 40 Crore GST Demand Orders; Apparel Industry Seeks Tax Relief

    Eternal, the owner of the Zomato and Blinkit brands, has been subject to three notices from the Goods and Services Tax department. The orders amount to more than INR 40 crore in tax demands, including interest and penalties, as reported by PTI.

    According to the report, the Joint Commissioner-4 Bengaluru issued all of these directives between July 2017 and March 2020. Zomato, Blinkit, District, and Hyperpure are the four main companies that make up Eternal.

    Zomato & Blinkit Owner Plans to Challenge Tax Notices

    The company announced that it will challenge the tax demand orders. In a late-night regulatory filing on August 25, PTI cited Eternal as stating that the company received three orders on August 25, 2025, from the Joint Commissioner, Appeals-4, Bengaluru, confirming the total demand of INR 17,191,176,2 for GST, along with interest of INR 21,421,479.1 and a penalty of INR 1,719,117.7 for the period July 2017 to March 2020.

    Karnataka Hosiery & Garment Association Pushes for GST Rationalisation

    The Karnataka Hosiery and Garment Association advocated on August 25 for the Goods and Services Tax (GST) Council to rationalise tax slabs on clothing and hosiery items and to include petroleum products in the indirect tax system.

    According to the group, different GST rates on clothing lead to misunderstandings, make compliance more difficult, and increase consumer expenses.

    In a statement to Finance Minister Nirmala Sitharaman and members of the GST Council, Sajjan Raj Mehta, the chairman of the association’s taxation committee, was quoted by PTI as saying that a uniform 5% GST rate for all clothing and hosiery products would lower price volatility, reduce inflationary pressures on the general public, improve compliance, lessen classification disputes, and create a level playing field for MSMEs and organised players.

    Why Industry Groups Want Petroleum Products Under GST?

    Noting that petrol, diesel and other fuels that are not subject to the tax system result in cascading taxes and increased input costs for many industries, the group also pushed for the inclusion of petroleum products under the GST.

    It stated that “their inclusion will ensure a uniform tax structure across states, avoiding wide fuel price disparities, improve transparency, lower overall costs of goods and services, and benefit the logistics and textile sectors where transportation is a major expense.”

    Quick
    Shots

    •Orders cover July 2017 to March 2020,
    issued by Joint Commissioner (Appeals-4), Bengaluru.

    •INR 17.19 crore GST, INR 21.42 crore
    interest, and ₹1.71 crore penalty imposed.

    •Company to challenge orders,
    regulatory filing confirms appeal plans.

    •Karnataka Hosiery & Garment
    Association seeks uniform 5% GST on clothing & hosiery.

  • In Response to Bengal’s INR 9.85 Crore GST Order, Zomato Will File an Appeal

    Zomato, a food technology firm run by Deepinder Goyal, has made the necessary adjustments to its answer to the Goods and Services Tax (GST) order issued by the assistant commissioner of revenue from the West Bengal government. The order was for a total of INR 9.85 crore from April 2020 to March 2021.

    The corporation has decided to file an appeal against the order rather than pay the amount that was ordered. According to the filing that Zomato made with the exchange, the company believes that it has a compelling case on merits and that it will be appealing the order to the relevant authority. In an earlier filing with the exchange, Zomato made a mistaken statement that the company is obligated to pay the GST authorities the applicable sums.

    What Exactly Did Zomato State in Its Recent Filing?

    Zomato disclosed in its September 13 filing that it had received an order from the Assistant Commissioner of Revenue, Government of West Bengal, for the period April 2020 to March 2021. The order confirmed the demand for GST in the amount of Rs 5,59,54,319/-, with an interest of INR 3,69,67,792/- (Three Crores Sixty Nine Lacs Sixty Seven Thousand Seven Hundred and Ninety Two Rupees Only) and a penalty of INR 55,95,432/- ( Fifty Five Lacs Ninety Five Thousand Four Hundred and Thirty Two Rupees Only).

    The demand order has been obtained in regard to the non-payment of the Goods and Services Tax (GST) on delivery charges, as well as interest and penalties accordingly.

    Profits for Zomato in the First Quarter of FY25

    On the first of August, the food delivery company Zomato made an announcement on its profitability for the quarter that spanned April to June of the fiscal year 2024-25. A company saw its consolidated net profit increase to INR 253 crore in the first quarter of the fiscal year 2025 from INR 2 crore in the same time the previous year.

    As per a survey conducted by a media house, it indicated that the company’s profit after tax for the quarter was INR 253 crore. It was reported that Zomato’s revenue from operations in the reporting quarter was INR 4,206 crore, which is higher than the survey poll forecast of INR 3,9826 crore. In comparison, Zomato’s revenue from operations in the same quarter a year earlier was INR 2,416 crore.

    According to the analytics provided by the BSE, Zomato has a market cap of INR 2.41 lakh crore. The company is included in the BSE 100 index as one of its parts. According to Goldman Sachs, the market price of Blinkit, the Quick-commerce platform that Zomato purchased in 2022 for a total of $568 million, is currently at $13 billion. In terms of valuation, this translates to a remarkable sixfold gain from the previous year to the current year.


    Zomato Offers IRCTC-Partnered Food Delivery at 100 Train Stations
    Zomato, a company that specializes in meal delivery, has just announced a huge expansion of its food delivery service on trains.