Will Pass On GST Benefits To Consumers: Nestle

New Delhi: FMCG major Nestle India today said it will pass on benefits of reduced tax rate under GST on various products such as milk powder to consumers once the new tax regime kicks in. There has been considerable reduction in GST rate on milk powders and consequently the price of Nestle Everyday Dairy whitener is expected to undergo commensurate reduction, the company said in a statement. Under GST, which will be implemented fro...