Government Amends Tax Rates on Aerated Water: What You Need to Know
The Central Government, under the CGST Act, 2017, amends tax rates on aerated water.
This move follows recommendations from the Council, citing public interest.
Amendment adds aerated water under a new entry in the notification.
Effective from October 1, 2019, the amendment aims to streamline tax regulations.
Gunjan Kumar Verma, Under Secretary to the Government of India, issued the notification.
The principal notification was previously amended on March 29, 2019.
These changes signify ongoing efforts to refine tax policies for better governance.