Police in India's capital are probing a case of alleged tax evasion involving AB InBev, the maker of popular beer brands such as Budweiser, in a setback for the brewer already battling a three-year city ban. More here: by AdityaKalra
NEW DELHI - Police in India’s capital New Delhi are probing a case of alleged tax evasion involving Anheuser-Busch InBev , according to a police officer and a document seen by Reuters, a setback for the brewer already battling a three-year city ban.
The Delhi ban followed an investigation by city authorities which found that beer maker SABMiller - acquired by AB InBev in 2016 for around $100 billion - used duplicate barcodes on its beer bottles supplied to city retailers that year, allowing it to pay lower taxes. “We are investigating this, it is under inquiry,” said Gunjan, adding that police would conduct its own probe before registering a formal case.
“The ban only has a financial impact, the police case could be a much bigger headache for the company and can have wider ramifications,” said Sandeep Chilana, a New Delhi-based lawyer specializing in taxation and liquor laws.
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