date:Apr 15, 2013
re due to the high rate of taxes it is paying to the Central and state governments, but some states have also increased the VAT on carbonated soft drinks.
This increase in taxes will, therefore, have to be passed on to the consumer leading to an increase in the price of the soft drinks, which will restrict purchase of soft drinks by the general mass.
This, in turn, will have an adverse effect on the beverage industry and industries that depend on the beverage industry. An increase in price al