Centre weighs request to cut GST on aerated drinks from 28%

Business Today

The Indian Beverage Association (IBA) — representing industry giants such as Coca-Cola India, PepsiCo India, Dabur India, Red Bull India, and Pearl Drinks — has also made a pitch for a lower GST rate on aerated beverages. The association argues that sugar-based confectionery attracts lower GST, and questions why carbonated drinks should face both a 28 per cent GST and an additional 12 per cent com…

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