The ambiguity surrounding the taxability of spirits like rectified spirit (RS) and extra neutral alcohol (ENA) has been an Achilles heel for the spirit manufacturing industry. These non-denatured spirits are predominantly used as raw materials for producing alcoholic liquor for human consumption. Generally, these spirits are in concentrated form with high alcohol content and cannot be consumed as such without further processing.
Source International Tax Review
Latest Posts in "India"
- GST on Dine-in, Takeaway, and Delivery App Orders: Rates, Compliance, and Reporting Differences
- Ensuring ITC Compliance: Mastering GSTR-2B Reconciliation and Audit Readiness for 2026
- India’s E-Invoicing Rules: Scope, Formats, Penalties, and Compliance Under the GST Framework
- Continuous Supply of Services Under GST: Legal Criteria Versus Commercial Practice Explained
- Tripura HC: ITC Cannot Be Denied to Bona Fide Purchaser for Supplier’s Tax Default
