Your sugar may soon taste bitter, new cess may push prices up
Love sugar? Be prepared: Its taste may turn out to be slightly bitter soon. The central government is mulling over a proposal to introduce a sugar cess, which will be in addition to the 5 per cent Goods and Services Tax (GST). If it goes ahead, it would mean that consumers would have to shell out more to delight their taste buds. In May, the GST Council had discussed a proposal to introduce a suga…