Lassi jaisi koi nahi: Flavoured milk is not milk but flavoured lassi is lassi, says AAR ruling

Under the Goods and Services Tax (GST) framework, both milk and lassi are exempt from any tax.But, while flavoured lassi continues to remain outside the GST, flavoured milk is set to attract 12% tax following four advance rulings in Gujarat, Tamil Nadu and Karnataka.

from Banking/Finance-Industry-Economic Times https://ift.tt/3h4sEyj