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With reference to the Goods and Service Tax (GST), consider the following statements:
1. The Government of India clarified that fresh milk and pasteurised milk are fully exempted from Goods and Service Tax (GST).
2. A GST of 18 per cent applies to condensed milk, butter, ghee and cheese.
Which of the statements given above is/are correct?
  • a)
    1 only
  • b)
    2 only
  • c)
    Both 1 and 2
  • d)
    Neither 1 nor 2
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
With reference to the Goods and Service Tax (GST), consider the follow...
The Government of India clarified that fresh milk and pasteurised milk are fully exempted from Goods and Service Tax (GST).
  • Further, milk products like curd, lassi, butter milk and paneer are also exempted from GST if sold in forms other than those pre-packaged and labelled.
  • In a written reply in the Lok Sabha, Finance Minister Nirmala Sitharaman said a nominal GST of 5 per cent applies to curd, lassi, butter milk and paneer when sold in pre-packaged and labelled form, and Ultra High-Temperature Milk.
  • Further, a GST of 12 per cent applies to condensed milk, butter, ghee and cheese. GST exemptions and rates apply uniformly across States.
  • She said GST rates are prescribed on the recommendation of the GST Council, which is a constitutional body comprising of representatives from both Centre and the States and Union Territories.
Hence only statement 1 is correct.
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With reference to the Goods and Service Tax (GST), consider the following statements:1. The Government of India clarified that fresh milk and pasteurised milk are fully exempted from Goods and Service Tax (GST).2. A GST of 18 per cent applies to condensed milk, butter, ghee and cheese.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer?
Question Description
With reference to the Goods and Service Tax (GST), consider the following statements:1. The Government of India clarified that fresh milk and pasteurised milk are fully exempted from Goods and Service Tax (GST).2. A GST of 18 per cent applies to condensed milk, butter, ghee and cheese.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about With reference to the Goods and Service Tax (GST), consider the following statements:1. The Government of India clarified that fresh milk and pasteurised milk are fully exempted from Goods and Service Tax (GST).2. A GST of 18 per cent applies to condensed milk, butter, ghee and cheese.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the Goods and Service Tax (GST), consider the following statements:1. The Government of India clarified that fresh milk and pasteurised milk are fully exempted from Goods and Service Tax (GST).2. A GST of 18 per cent applies to condensed milk, butter, ghee and cheese.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer?.
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