GST council to consider levying of GST on extra neutral alcohol (ENA) on its meeting to be held on Saturday, March 10 2018, as per media sources. ENA a is derivative of sugarcane molasses (80% of high-purity ethyl alcohol) is a key ingredient of alcoholic beverages. Other than this it is also used in pharmaceutical, perfumery and cosmetic applications.GST council is expected to levy 18% tax on ENA, which would fetch ~Rs1,100-1,200cr revenue for the central government. At present alcohol for human consumption (or potable alcohol), is not under the GST purview, however, ENA (the key input) is a grey area. Demand for the inclusion of ENA under GST is coming particularly from the pharmaceutical industry so that it can avail input tax credit.
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