SC quashes Kerala notification on Pepsico

11 May,2009 03:25 PM IST |   |  PTI

The Supreme Court on Monday quashed the Kerala government notification that refused sales tax exemption of around Rs 70 crore to Pepsico India Holding Private Ltd.


The Supreme Court on Monday quashed the Kerala government notification that refused sales tax exemption of around Rs 70 crore to Pepsico India Holding Private Ltd.

A Bench headed by Justice SB Sinha, while pronouncing the order, also imposed a cost of Rs one lakh on the company for its 'conduct' during the hearing of the petition.

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SC quashes Kerala notification Pepsico