GST Council Meeting: Good News For Liquor Industry! Govt Exempts Extra Neutral Alcohol From GST

New Delhi: The GST Council chaired by Finance Minister Nirmala Sitharaman on Saturday approved to exempt the extra neutral alcohol (ENA) (both grain-based and molasses-based ENA) from GST when supplied for the manufacture of alcoholic liquors.

The council also agreed that the states will exempt ENA (both grain-based and molasses-based) from VAT when supplied for industrial purposes, according to sources at CNBC-TV18.

In the previous meeting on August 2, the council had approved amendments to the Goods and Services Tax (GST) laws to provide clarity on the taxation of casinos, horse racing and online gaming.

Also ReadSuntory to Increase Prices of 364 Liquor Products, Including Hibiki, Yamazaki and Hakushu, from April 2027Kerala Excise Commissioner Seeram Sambasiva Rao Transferred Amid Bar Licence Controversy

(the above news was originally posted on india.com)

About the Author

Aabkari Times Newsdesk

Administrator

Aabkari Times Editorial Team covers India's excise policy, liquor industry news, AlcoBev sector, state excise regulations, and alcohol taxation. Published from Prayagraj since 2009, Aabkari Times is India's only dedicated Hindi monthly magazine for the excise and alcohol industry.

Visit Website View All Posts