KARACHI: Milk producers have passed on the 18 per cent increase in general sales tax (GST) to consumers, while flour millers will raise prices shortly.
For example, the price of one litre of Olper milk has risen to Rs360 from Rs295 in June. Other companies have also followed suit.
“The overall increase in the price of infant formula, fortified milk products and packaged milk items comes to 25pc after implementation of the new taxation measures relating to general sales tax and tax...