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The Hindu
The Hindu
National
Ravi Reddy

Elite liquor store in Hyderabad in the dock for ₹54-crore GST evasion

An ‘Elite’ liquor licence holder of an upmarket outlet in the city has been issued a show-cause notice for GST evasion of ₹53 crore.

According to sources, officials from the Commercial Taxes department found that the outlet was selling the products of 1,189 brands against the 350 enlisted by Telangana State Beverages Corporation Limited (TSBCL). The high-end outlet is also accused of having illegally imported the products of many brands of foreign liquor and engaging in wrong invoicing. The officials were inspecting the outlet for lapses in VAT and GST taxation.

The licensee has eight other outlets with similar names across Hyderabad, Cyberabad and Rachakonda police commissionerates.

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