10% FED imposed on juice industry, fear of major drop in sales

10% FED imposed on juice industry, fear of major drop in sales


Due to the implementation of FED, the sale of manufactured goods of the industry is expected to be reduced to 43 billion rupees / file photo.

The imposition of 10% federal excise duty on the juice industry reduced the growth of the sector by 45%.

Due to the implementation of FED, the sale of manufactured goods of the industry is feared to be reduced to 43 billion rupees.

After the implementation of FED, the purchase of fruit pulp decreased significantly.

The juice industry was supposed to increase to 70 billion rupees according to the growth rate, with 5 thousand employees, the income of the juice industry is 60 billion rupees.




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