GST Council may propose scheme to write off recovery of past tax dues on Extra Neutral Alcohol

The GST Council meeting in Delhi on September 9 is likely to suggest a solution to the pending cases on Extra Neutral Alcohol, an important ingredient used for making spirits and alcoholic beverages. Prior to October 2023, there were discrepancies in how ENA was taxed — whether through VAT, GST, or no tax at all. In a significant move for the spirits industry, the Goods and Services Tax (GST…