GST hits hard PM's plan of adding fruit juices to carbonated drinks

FNB News

The ambitious plan of Prime Minister Narendra Modi of adding fruit juices to carbonated drinks and pushing for local manufacturing seems to be hitting a roadblock due to the GST Council’s ‘lack’ of interest. In the 45th GST Council meeting, it was decided that "Carbonated Fruit Beverages or Fruit Drink" and "Carbonated Beverages with Fruit Juice" attract a GST rate of 28% and Cess of 12%, totallin…

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