GST reforms announced after the 56th GST Council meeting are set to be effective from Monday, September 22. ‘Nandini’, a brand for milk and milk-based products owned by the Karnataka Milk Federation (KMF), has released revised prices on 21 products for consumers. The effective revised rates range from Ghee to chocolates, including ice-creams, cheese, cookies, cakes and others. The rate change usually hovers around a 7 to 10 per cent reduction on packaged dairy products ranging from 80 grams to 1 kilogram.
The GST reforms were rolled out with a vision to boost consumption, improve industry competitiveness and lower the cost for middle-class consumers. After the changes to the GST, the number of tax slabs was reduced from four to just two, simplifying the tax system for many. Now, taxpayers will primarily face a GST of either 5% or 18%. Notably, a GST of 40 per cent would be levied on sin goods, mainly comprising high-end or SUV cars and tobacco-based products.
List of 21 products revised prices by Nandini:
Sl. No | Product | Pack size | Old MRP, in Rs. | New MRP, in Rs. |
1 | Ghee (Pouch) | 1000 ml | 650 | 610 |
2 | Butter – Unsalted | 500 gm | 305 | 286 |
3 | Paneer | 1000 gm | 425 | 408 |
4 | Goodlife milk | 1000 ml | 70 | 68 |
5 | Cheese – Mozzarella Diced | 1 kg | 480 | 450 |
6 | Cheese – Processed | 1 kg | 530 | 497 |
7 | Ice creams -Vanilla Tub | 1000 ml | 200 | 178 |
8 | Ice cream -Family packs size Vanilla | 5000 ml | 645 | 575 |
9 | Ice cream – Chocolate Sundae | 500 ml | 115 | 102 |
10 | Ice creams – Mango Naturals | 100 ml | 35 | 31 |
11 | Savouries | 180 gm | 60 | 56 |
12 | Muffins | 150 gm | 50 | 45 |
13 | Cakes | 200 gm | 110 | 98 |
14 | Aqua (Water) | 1000 ml | 20 | 18 |
15 | Payasa mix | 200 gm | 90 | 80 |
16 | Jamoon mix | 200 gm | 80 | 71 |
17 | Badam powder | 200 gm | 120 | 107 |
18 | Coconut Cookies | 100 gm | 35 | 31 |
19 | Splass whey drinks | 200 ml | 10 | 9.5 |
20 | Bounce | 200 ml | 15 | 15 |
21 | Rice Crispy Milk Choco | 80 gm | 65 | 58 |
Why were GST reforms rolled out?
The GST reforms 2025 were made to adjust input and output tax rates and to reduce input tax credit accumulation. Another major reason was to simplify rate structures and compliance, along with reducing GST slabs. The reduction of GST on aspirational goods was meant to improve affordability. According to reports, approximately 200 items will see a reduction in their tax rates. Notably, about 90% of the items previously in the 28% tax slab will now be moved to the 18% slab, while nearly 99% of items from the 12% slab will be shifted down to the 5% slab.