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Carbonated Beverages Industry in India: Tax Policy to Promote Growth, Innovation and Investment

Author

Listed:
  • Arpita Mukherjee

    (Indian Council for Research on International Economic Relations (ICRIER))

  • Eshana Mukherjee
  • Aryan Bisoi

Abstract

This policy brief presents the trends and growth in sales across different CSDs product subcategories; presents global best practices in designing layered-sugar taxes and evaluates the Indian tax regime; examines the impact of the high GST and recommends a layered-sugar tax that can help increase government GST collections, limit the intake of added sugars in beverages/support positive health outcomes and incentivise product reformulations leading to the production of healthier beverages, more investment, job creation and the overall growth of the sector.

Suggested Citation

  • Arpita Mukherjee & Eshana Mukherjee & Aryan Bisoi, 2024. "Carbonated Beverages Industry in India: Tax Policy to Promote Growth, Innovation and Investment," Indian Council for Research on International Economic Relations (ICRIER) Policy Paper 26, Indian Council for Research on International Economic Relations (ICRIER), New Delhi, India.
  • Handle: RePEc:bdc:ppaper:26
    as

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    References listed on IDEAS

    as
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