INDIA: Industry pushes for tax reduction
The Indian Soft Drinks Manufacturers Association is claiming a 50% increase in excise has seriously affected the industry and soft drink manufacturers are now asking the government to reduce Special Excise Tax (SET). Basic excise duty on chewing tobacco, pan masala, cosmetics and aerated waters (soft drinks) is 16%. The Special Excise Tax (SET) on aerated waters is 40%. To bring it in line with other food products the industry is proposing a removal of 24% in SET.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-drinks gives you the widest beverage market coverage.
It’s our best ever membership offer – just for you.
Olly Wehring, editor of just-drinks
- Comment - Scotch's Battle with Age
- Focus - The Risks of Acquisitions
- Are Coca-Cola, A-B InBev at a FIFA Crossroads?
- Interview - Illva Saronno CEO Augusto Reina
- SABMiller & Meantime: Notes for the New Owner
- Pernod Ricard to up focus on consumers - CEO
- Diageo creates USL unit to oversee own brands
- Pernod Ricard on US starting blocks with Havanista
- Diageo to close Maryland bottling site
- Roust takes on Bushmills distribution in Russia
- Global Tequila insights - market forecasts, product innovation and consumer trends research
- Global Scotch whisky insights - market forecasts, product innovation and consumer trends research
- Africa: The Final Frontier for Beer
- Global rum insights - market forecasts, product innovation and consumer trends research
- Diageo plc (DGE) - Financial and Strategic SWOT Analysis Review