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FMCG major Nestle India on Thursday said the suspension of the MFN (most favoured nation) clause granted to India by Switzerland will have 'no impact' on the company. The suspension of MFN status under the Double Taxation Avoidance Agreement (DTAA) is a policy issue between the government of India and Switzerland and is not 'Nestle-specific', the FMCG firm said in a statement. Nestle India, which owns popular brands such as Maggi, Nescafe and KitKat, said the company was already "deducting 10 per cent withholding tax" on cross-country payments. Earlier on December 11, the Swiss government had announced the suspension of the MFN status granted to India following a ruling by the Supreme Court of India, which in a judgement last year had said MFN status under the DTAA cannot be enforced unless notified under Section 90 of the Income Tax Act. This judgement of the apex court had come in a case related to Nestle, where it overturned an earlier order passed by the Delhi High Court in 202
Added sugar per serving was found to be in compliance with the provisions under Food Safety and Standards (Foods for Infant Nutrition) Regulations, 2020 in baby product of Nestle, Union Health Minister J P Nadda told Lok Sabha on Friday. The Food Safety and Standards (Foods for Infant Nutrition) Regulations 2020 prescribes the standards for different categories of infant food and formulae, Nadda said responding to a question. The limits specified for sugars in infant food products in the Regulations is at par with the global standards, namely Codex Alimentarius Commission, which takes into account the recommendation of World Health Organization (WHO) while setting food standards. On the basis of media report, suo moto cognisance was taken by the Food Safety and Standards Authority of India (FSSAI) about a report by the Swiss NGO regarding added sugar in wheat-based baby product. Inspections were conducted on April 29 and 30 at manufacturing sites engaged in production of the infant
There has been a dramatic change in the tone and tenor of FSSAI, and the Indian food regulator has now become more pro-active and industry-centred with fast responses in the last decade, said Nestle India Chairman and Managing Director Suresh Narayanan. Moreover, with the setting of more NABL-accredited laboratories by different leaders of FSSAI, the credibility of the testing process has also increased, said Narayanan, who led Nestle India after the Maggi crisis, which unfolded almost a decade back. In June 2015, FSSAI banned Maggi noodles for allegedly containing lead beyond permissible limits, forcing the company to withdraw the product from the market. Industry observers opine that only after the Maggi crisis did the FSSAI come into the limelight across the country though it was established almost seven years ago, in September 2008, to lay down science-based standards for food articles and rules and regulations. Nestle India relaunched Maggi in November 2015 after the ban was .