Bombay High Court Stays Rs 2,500 Crore GST Demand Against Coca-Cola India

The Bombay High Court has issued an interim stay on a Rs 2,500 crore GST notice issued against Hindustan Coca-Cola Beverages Pvt Ltd by the Central Goods and Services Tax (CGST) Department. The relief was granted on 1 April, with the next hearing scheduled for 29 April. The stay was issued after the court challenged the tax department's reading of GST rules over the company's discounting policy, e…