Beverage makers seek 18 pc slab, removal of sin tax in new GST regime citing mass consumption

Wait 5 sec.

The Indian Beverage Association requests a GST reduction on aerated drinks. They propose lowering it to 18 percent. This move aims to boost affordability and investments. The association anticipates creating 1.2 lakh jobs annually by 2030. They highlight the industry's significant investments and agricultural commodity procurement. The association emphasizes the price sensitivity of carbonated beverages for mass consumers.