None
EN
TN milk cooperative ‘Aavin’ yet to pass on GST benefit as rivals slash prices
['The Hans India']
Andhra Pradesh Breaking News, Telangana News, Hyderabad News Updates, National News, Breaking News
While Amul, Karnataka’s Nandini, Kerala’s Milma and several private brands have reduced prices with effect from Monday, Aavin outlets continued to sell at existing tags.
By contrast, outlets in Ambattur, Anna Nagar, Adyar, Korattur and Thiruvanmiyur of Tamil Nadu milk cooperative, Aavin, said no directive had reached them to slash prices.
Officials from the Tamil Nadu Cooperative Milk Producers Federation (TNCMPF), which markets Aavin, said that because its prices are calculated inclusive of GST, a formal state order is required before any reduction can be implemented.
Aavin procures around 35 lakh litres of milk every day, of which 8-9 lakh litres are converted into value-added products.
With GST reductions already in place nationwide, the state government’s decision in the coming days will determine whether Aavin aligns its prices with other major cooperatives.
['ghee'
'nandini'
'aavin'
'private'
'cooperative'
'tamil'
'slash'
'gst'
'benefit'
'pass'
'products'
'nadu'
'rs'
'rivals'
'prices'
'tn'
'milk']