Taxation of economic surplus — why liquor companies still getting GST demand notices despite clarification

CNBC TV18

The complexities in the alcoholic beverage industry in India are manifold. One such area is obtaining necessary approvals from various State authorities. In order to manage these intricacies, the industry enters into a unique arrangement wherein two parties, namely, a contract bottling unit (‘CBU’) which has the necessary infrastructure and licenses to manufacture liquor; and a Brand O…

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