Coca Cola seeks tax holiday in Madhya Pradesh

Bhopal, Apr 29: Soft-drink major, Coca Cola, has sought tax holiday in Madhya Pradesh even in the VAT regime that came into force from April this year.

''Coca Cola was granted tax holiday in the state till 2009. But it came under tax net after Value Added Tax was introduced in April,'' company's Vice President T Krishna Kumar told Commercial Tax Minister Babulal Gaur here yesterday and sought continuation of tax holiday.

Mr Gaur said the cabinet sub-committee on VAT would meet on May 3 to consider the suggestions.

UNI