Even though the State government has refused to hike the cost of Nandini milk and milk products marketed by the Karnataka Milk Federation (KMF), the cost of curd, lassi, buttermilk, and paneer is set to increase, following the GST Council’s decision to remove exemption provided to these products.
The GST Council, in its decision during the two-day meeting at Chandigarh on June 28 and June 29, agreed to withdraw GST exemption on specified food items based on the recommendations made by the Group of Ministers on rate rationalisation. It has removed exemption on pre-packaged and pre-labelled retail packs on items including curd, lassi, and buttermilk.
