The Indian Sellers Collective urges the Finance Minister and GST Council to reject proposals for a 35% GST slab on certain products. They a...

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

Tobacco GST Hike: The Group of Ministers on GST rate rationalisation decided to increase tax on aerated beverages, cigarettes, and tobacco ...

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...

ITC share price: Shares of companies like ITC and Godfrey Phillips fell as the GoM decided to increase GST on tobacco and aerated beverages...

Coca-Cola CEO James Quincey and a team of executives are visiting India to explore growth opportunities. They will meet government official...

The GST Council in its 45th meeting held in Lucknow has given a new dimension to the entire debate on what should be the tax rate for fruit...

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

Buyer preference for non-sugary healthier beverages and a proliferation of B-brands have led to tepid demand, with growth falling to low si...

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...

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

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...

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%.