Diageo, Pernod-led liquor giants chase Telangana for $400M in stalled dues
Industry bodies representing Diageo, Pernod Ricard, Heineken and Carlsberg accuse Telangana of breaching accounting norms over $400M unpaid dues, warning old debts risk souring as the state prioritises payments on new invoices ahead of a $314M tax demand.
Industry bodies representing Diageo, Pernod Ricard, Heineken and Carlsberg accuse Telangana of breaching accounting norms over $400 million unpaid liquor dues, warning old debts risk turning into bad debt as state prioritises early payments on new dues.