40 per cent sin tax will force factories' shutting down, says Coca Cola
Currently, the tax on aerated beverages like Coke and Pepsi, which have come under severe criticism from health groups due to their high sugar content, is 18 per cent.
Mail Today Bureau
New Delhi Last Updated: December 12, 2015 | 11:01 IST
Coca-Cola India is the first company to protest the high tax rate proposed in the good and services tax (GST) Bill. (Photo: Reuters)