Diageo, Pernod Ricard sue Maharashtra over tax hike and exclusion from lower-levy category

Diageo and Pernod Ricard’s Indian lobbying group has sued Maharashtra state over a sharp tax hike on affordable liquor brands and exclusion from a new lower tax category. The policy, favoring local firms, has led to a significant drop in sales for affected premium brands, impacting a crucial market for global players.

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