New Delhi, Feb. 18 -- B9 Beverages has received tax notices for more than Rs.26 crore from the Maharashtra government at a time when the maker of the popular Bira beer brand is struggling to make payments to its vendors and employees amid mounting losses and shrinking revenues.
The Maharashtra value added tax (MVAT) department has issued a notice to all distributors of the beer brand in the state, directing them to pay any outstanding dues owed to B9 Beverages directly to the tax authorities instead, according to a circularissued in January thatMinthas accessed through a distributor.
The company owes Rs.26.38 crore in unpaid VAT to Maharashtra, and also needs to pay Rs.7 crore to Madhya Pradesh, Rs.4.8 crore to Delhi, and Rs.4.7 lakh to...
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