Heritage Foods Slashes Prices Ahead of Festive Season
Heritage Foods announced a reduction in prices for its dairy products after the government's GST cut. The change, effective from September 22, aims to make high-quality dairy more affordable during the festive season. Products like UHT milk, ghee, butter, and cheese see significant price drops.
- Country:
- India
In a consumer-friendly move, Heritage Foods has announced that it will reduce prices across its dairy product range following the government's decision to cut Goods and Services Tax (GST) rates on these products.
The company's statement noted that it would fully pass on the benefits of the GST rate rationalization to consumers before the festive season, with the changes taking effect on September 22.
Significant price reductions include a Rs 3 per litre cut in the maximum retail price of UHT milk, Rs 50 per litre off ghee, Rs 50 per kg off butter and cheese, and Rs 25 per kg off paneer. Ice cream prices were also reduced, offering savings of Rs 35 on 950ml packs and Rs 20 on 700ml packs.
(With inputs from agencies.)
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