The Indian Beverage Association urges the finance ministry for a sugar-based taxation system, aligning with global standards, ahead of a cr...

The Indian Beverage Association (IBA) expressed concerns over a potential GST rate hike on aerated drinks. Currently, these beverages face ...

The GoM on GST rate rationalisation has proposed increasing the tax on aerated beverages to 35% from 28% and similarly raising taxes on sin...

Varun Beverages share price: Shares of Varun Beverages fell by 5.2% as the Group of Ministers proposed raising the GST rate on aerated drin...

Aerated drinks are placed in the GST slab of 28% and levied a compensation cess of 12%. Terming the tax slab as 'discriminatory treatment',...

Industry insiders said the latest PepsiCo move is a response to the increasing threat that cola majors Coca-Cola and PepsiCo face from low-...

Targeted at the bottom segment of the market to compete with local brands, the beverages will be among the cheapest for Coca-Cola across ma...

With a GST of 40% as opposed to current incidence of taxation at 34-35%, aerated beverages like Coke have been "the worst hit category of b...

The company said aerated beverages have been the worst hit category with the proposed tax of 40 per cent under the GST significantly higher...

With prospects of GST increasing the GDP by 2 per cent, the momentous legislation, at least for the short term, may emerge as a mixed bag f...

The proposed meeting, which is not yet confirmed, takes place just before the British-born executive assumes leadership of the world’s larg...

The 15 per cent cess cap would apply on luxury cars and aerated drinks. On pan masala, the cess has been capped at 135 per cent ad valorem.

Categorising consumer goods as items of mass consumption, the association has requested that the rate on all consumer durable products be k...

Both have been trying to push affordable packs in order to boost consumption in a category that's been posting back-to-back low single digi...

In an interview with ET Now, Ravi Jaipuria, Chairman, Varun Beverages, gives his views on the impact of GST on aerated drinks.

The GST council has approved a four-tier GST tax structure of 5, 12, 18 and 28 per cent that aims to lower tax incidence on most goods.

Existing excise duty levied on the Rs 14,000-crore soft drink industry, comprising mainly of Coca-Cola and PepsiCo, is 18%.