Ice-cream lovers beware: GST body drops a sugar bomb on softy mix

  • Posted on October 22, 2024
  • By Business News Today
  • 2 Views
Ice-cream lovers beware: GST body drops a sugar bomb on softy mix

The GST Authority for Advance Rulings - Rajasthan bench ruled that softy ice-cream mix's primary component is sugar, not milk. Thus, it attracts a GST rate of 18%. The manufacturer argued for a lower GST rate, but the AAR determined the product is not a natural dairy product due to additives and higher sugar content.
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Business News Today

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