Goods and Services Tax – GST – Dated:- 27-6-2017 – New Delhi, Jun 27 (PTI) Beverages major Coca-Cola India today announced hiking prices of its aerated beverages while reducing that of packaged drinking water brand Kinley on account of upcoming GST regime. The company said aerated beverages have been the worst hit category with the proposed tax of 40 per cent under the GST significantly higher than current weighted average national tax incidence. Company has no choice but to minimally increase the prices even after absorbing the significant portion of the tax increase, Coca-Cola India said in a statement. Coca-Cola will, however, launch an affordable range of aerated beverages to cater to the price sensitive consumers, it added. On its mov
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