Amul lowers prices over 700 items to GST Reforms: from Ghee and Paner to butter - see what will get cheaper

The leading amul for dairy and food marks will lower the prices of more than 700 products, including ghee, butter, ice cream and snacks, with the aim of passing on GST benefits to consumers. The new price is in effect from September 22. Amul’s parent, Gujarat Cooperative Milk Marketing Federation (GCMMF), announced in a statement revised prices for a range of products. “This review is throughout the range of product categories such as butter, ghee, uht milk, ice cream, cheese, pane, chocolates, bakeries, frozen dairy and potato snacks, condensed milk, peanut distribution, malting-based drink, etc.” Here are the revised prices – butter prices were reduced from £ 62 per 100 g to £ 58. Ghee – £ 610 per liter from £ 650 per liter, a price reduction of £ 40. Cheese block – £ 545 per kg from £ 575 per kg, £ 30 reduction. Paner – 200g of Paner costs £ 95 from 22 September, a reduction from the current price of £ 99. Ice cream – From September 22, amul £ 9 to £ 550 ranges from the earlier range of £ 10 to £. Amul protein – Products fall between £ 145 and £ 3,690, from £ 150 to £ 4,100. Frozen snacks – From September 22, frozen snacks will range from £ 42 to £ 380, which was previously priced from £ 45 to £ 400. Bakery Products – Baked goods costs in the vicinity of £ 10 to £ 270 from £ 11 to £ 300. Check out the full list of prices here – Amul reviews prices over 700 items. Amul informed its trading partners, including distributors, Amul Parlors and retailers across India, of the price changes. “Amul believes the reduction in prices will spur the consumption of a wide range of dairy products, especially ice, cheese and butter, as consumption per capita remains very low in India, creating a great growth opportunity,” the statement says. Any change in milk prices? The prices of bag and packaged milk will remain unchanged as they were not subject to GST before the reforms. “There is no change in the prices of fresh bag, because there is no reduction in GST. It has always been zero percent on pocket milk,” GCMMF managing director Jayen Mehta told Ani on September 11. How will a price reduction affect the demand for dairy products? GCMMF, owned by 36 Lakh farmers, said the reduction in prices will increase the demand for dairy products, which will lead to growth in its turnover. The cooperative, which markets its products under the ‘Amul’ brand, has risen by 11 percent in the past financial year to £ 65.911 crore, mainly due to higher sales volumes in all categories. The GST Reforms of Finance Minister Nirmala Sitharaman announced a set of Reforms for Goods and Services (GST) on Wednesday, September 3, after the 56th GST council meeting. Several items were brought under the Nil Gst regime, while many goods were moved to 5% or 18% of higher rates.