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Comptroller & Auditor General (CAG) of India has highlighted underpayment of excise duty of Rs 1,078.09 crore including taxes to the Uttar Pradesh government by Radico Khaitan Ltd, the maker of 8 PM whisky and Magic Moments vodka.
Sula Vineyards share price drops 6% after receiving ₹116 crore excise duty notice from Maharashtra excise department.
Shares of Sula Vineyards cracked about 7 per cent to Rs 481.85 on Wednesday, after the announcement, before making a mild recovery.
The leading wine producer has received an excise duty notice of Rs 116 crore from the Maharashtra excise department.
Ending two weeks of taut suspense, Maharashtra Chief Minister Eknath Shinde finally reshuffled his cabinet and entrusted the crucial Finance Department to the new second Deputy CM Ajit Pawar, who also...