The fizz tax: GST on fruit-based carbonated drinks is 28% plus compensation cess

MUMBAI: India is caught in the grips of a heat-wave and what can be better than a cold drink, which you can conveniently gulp directly from a bottle or tetra pack. But hang on, the classification of this drink will determine the goods and services (GST) levy, which is a component of the final price paid by you – the consumer.  While fruit pulp or a fruit juice based tetra pack could entail a…