Aerated beverages such as carbonated soft drinks, sparkling waters etc are currently taxed at the highest GST slab of 28 per cent plus a 12 per cent compensation cess. According to AICPDF ...
He was responding to a question on reports suggesting that the Group of Ministers on rate rationalisation under GST has recommended raising the rate on tobacco and aerated drinks to 35%.
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The statement warned that imposing a 35 per cent tax on demerit goods such as tobacco and aerated drinks will make these products unaffordable for the average consumer, pushing them towards illicit, ...
An increase in GST to 35 per cent will further add the burden on companies selling carbonated or aerated beverages which include low-sugar, fruit-based and flavoured drinks, and zero-sugar aerated ...
The Indian government held steady on sin taxes for tobacco in the latest budget. Cigarette taxes remained unchanged. A proposed 35% GST on sin goods like tobacco and aerated drinks is under ...
Although it can’t replace medical treatments, certain foods can improve your mental health and mood. Eating healthy on a budget can be a challenge. But with a little effort, you can turn your ...
GST rates: The Group of Ministers (GoM) on GST rate rationalization has put forth a proposal to increase the tax rate on sin goods, such as aerated beverages, cigarettes, tobacco, and related ...
Another user said, "35 per cent GST shock for Tobacco & Aerated Drinks! Major GST hike on several goods proposed by the finance minister, potentially pushing them into the highest tax bracket.
“I love being dehydrated!” Said no one ever. But sometimes dehydration gets the best of you. Like when you’re really busy with work and you forget to drink water, eat, or go to the bathroom? The worst ...
Swadeshi Jagran Manch (SJM) has criticized the proposal to impose a 35% GST on 'sin goods' such as aerated beverages and tobacco products. They argue it could lead to increased smuggling and loss of ...