Amul cuts prices on 700 products to pass on full GST reduction to consumers

Amul (GCMMF) has reduced prices across roughly 700 products spanning butter, ghee, cheese, paneer, ice cream and chocolates, passing the entire GST rate-cut benefit to customers with no margin retained by the company or distributors.

— FiledSun, 21 Sept, 2025, 11:05 IST·First seen Thu, 14 May, 2026, 21:43 IST·Source CNBC-TV18 · Retail

What happened

Amul cut prices on about 700 products including butter, ghee, cheese, paneer, ice cream and chocolates to pass the full GST rate-cut benefit to consumers, with

Key facts

  • 700 products

Why this matters

Amul's full pass-through sets a competitive pricing benchmark across dairy and FMCG, pressuring rivals to match cuts and reshaping value-positioning dynamics in the category.

What to watch

  • Competitor MRP announcements within 1-2 weeks
  • Festive-season volume data and category market-share shifts
  • Distributor margin renegotiation or channel friction reports
  • Regulatory statements on GST benefit pass-through enforcement
  • Input cost (milk procurement) movements that could pressure cooperative payouts
  • Competitors (Mother Dairy, Nestle, Britannia, Hatsun) announce matching GST pass-through within days
  • Amul launches consumer-facing campaign emphasizing 'full benefit passed' to capture trust and share
  • Modern trade and quick-commerce platforms reprice catalogs to reflect new MRPs
  • Government/CBIC monitors anti-profiteering compliance across FMCG and dairy