Appy Fizz Classified as Aerated Soft Drink, Subject to 20% VAT u/s 6(1)(a.

Rate of VAT @14.5% or 20% - Classification of Appy Fizz as 'Fruit Juice Based Drink', as similar other products not mentioned or aerated branded soft drinks excluding soda - The product answers to the description of aerated branded soft drink which would fall specifically within the confines of Section 6(1)(a) - to be taxes at 20% - HC .....

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