Yes cess is applicable only when there is this following condition :
*Aerated waters, containing added sugar or other
sweetening matter or flavoured then it would be
28%+12% total of 40%
if the above condition is not satisfied then its only 28 %
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
