[ad_1] The Group of Ministers (GoM) formed by the GST Council has reportedly suggested introducing a “special rate” of 35% for tobacco and aerated beverages. At present, most tobacco products fall under the 28% GST slab, with the exception of tobacco leaves, which are taxed at 5% under the reverse charge mechanism. The GoM has also […]
Varun Beverages shares fall as much as 5% on CNBC-TV18 report of potential GST rate tweaks – CNBC TV18
[ad_1] Shares of Varun Beverages Ltd., one of the largest bottling partners of food and beverage giant PepsiCo Ltd., declined by as much as 5% in Tuesday’s trading session. Company Value Change %Change The sharp fall in the stock price followed a CNBC-TV18 reported about potential rate rationalisation in the upcoming GST council meeting. CNBC-TV18 […]