29-September-2022
Taxation
 
Non-alcoholic malt drinks may attract 28% GST, 12% cess
22-Sep-2022

Non-alcoholic malt drinks could soon attract GST on par with carbonated drinks. According to Zee Business analyst Ashish Chaturvedi, Karnataka GST Authority of Advance Ruling has said that GST on malt-based drinks should be increased to 40 per cent. Soft drinks, at present, attract 40 per cent GST which includes 28% GST along with a cess of 12%.

News Source:- https://www.zeebiz.com/personal-finance/gst/news-non-alcoholic-malt-drinks-may-attract-28-gst-12-cess-199959