HYDERABAD Trouble is brewing for the Telangana State Beverages Corporation Limited as a special audit of two distilleries by the Commercial Taxes department recently has revealed Value-Added Tax evasion on account of non-duty paid liquor at a staggering ₹528.75 crore. The department undertook special audits when it had detected variations in the VAT collections on liquor in comparison to excise …
Hyderabad: The state government has begun identifying liquor-selling belt shops, which are to be closed in line with the promise the Congress had made during the Assembly election campaign. Sources said prohibition and excise department senior officials were preparing a presentation to Chief Minister A. Revanth Reddy on the revenue generated through the sale of liquor and action to be …