Taxability of Extra Neutral Alcohol: Eluding an Inevitable?
“Taxability of Extra Neutral Alcohol (‘ENA’) has been a matter of much deliberation even after nearly five and a half years of introduction of GST. Recently, the GST Council in its 48th meeting proposed to reduce the GST rate of ENA supplied to refineries for blending with motor spirit from 18% to 5%. However, the Council eluded a decision on taxability of ENA supplied to manufacturers of alcohol fit for human consumption, a question which is haunting the Alcohol Industry for quite long now.
Through this article, our Partner Mr. Dharnendra Kumar Rana, Managing Associate Mr. Sourabh Kumar and Associate Shivam Kamra have analyzed the current situation and way ahead for Alcohol industry while they await a verdict from GST Council.
Please click on the below link to read our latest article titled ‘Taxability of Extra Neutral Alcohol: Eluding an Inevitable? on the issue.”
NITYA I Article 115 I Taxability of Extra Neutral Alcohol Eluding an Inevitable