The levy with retrospective effect is a double-whammy to Covid-batter small-time players
GST Council has clarified that parlours sell already manufactured ice and hence would draw 18% tax.
Experts suggest the AAR decision will affect the local dairy producers' and farmers' profitability, as the company will reduce their pays.
The Gujarat bench of AAR rules that as long as ingredients are similar, GST cannot be levied on papad.
