https://www.taxtmi.com/article/detailed?id=8134 Inclusion of Extra Neutral Alcohol (ENA) within the GST net would tax a primary input for potable alcohol, increasing manufacturers' costs and compressing margins unless retail prices rise; this proposal has created state-centre fiscal tension over taxing rights and generated capital market volatility driven by investor expectations of EBITDA impact. Administrative steps included a declined Advance Ruling pending GST Council direction and an Attorney General opinion that certain ENA types are not fit for human consumption, leaving the policy unresolved and market overhangs intermittent. en-us Wed, 22 Aug 2018 12:25:32 +0530 Wed, 22 Aug 2018 12:25:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=8134 Inclusion of Extra Neutral Alcohol (ENA) within the GST net would tax a primary input for potable alcohol, increasing manufacturers' costs and compressing margins unless retail prices rise; this proposal has created state-centre fiscal tension over taxing rights and generated capital market volatility driven by investor expectations of EBITDA impact. Administrative steps included a declined Advance Ruling pending GST Council direction and an Attorney General opinion that certain ENA types are not fit for human consumption, leaving the policy unresolved and market overhangs intermittent. Articles Goods and Services Tax - GST Wed, 22 Aug 2018 12:25:32 +0530 https://www.taxtmi.com/article/detailed?id=8134