Non-alcoholic beverages: Industry bodies pitch for rationalisation of GST

Industry bodies, including Retailers Association of India (RAI) and PHD Chamber of Commerce and Industry (PHDCCI), have urged the GST Council to rationalise GST on the non-alcoholic beverages segment. The industry wants lower GST on agri-based beverages and exemption for packaged drinking water.  Stating that non-alcoholic beverage industry in India faces “one of the highest tax rates g…