SC Upholds States’ Power to Tax Industrial Alcohol in Landmark 8:1 Ruling
(Source: Indian Express; Section: Explained; Page: 12) Topic: GS2 – Governance Context: The article discusses the Supreme Court’s ruling affirming states’ authority to tax industrial alcohol, reinforcing their control over revenue from intoxicating liquors. Analysis of News: What is Industrial Alcohol? Industrial alcohol, unlike alcoholic beverages, is not meant for human consumption (denatured). It finds applications…