India's GST Council to mull exempting distilled alcohol used to make liquor from tax - source India’s Goods and Services Tax (GST) Council will discuss exempting distilled alcohol used to manufacture liquor from the indirect tax at its meeting on Oct. 7, according to a source.

High distilled or extra neutral alcohol contains 95% alcohol by volume and is used for producing liquor and for industrial purposes.

The council, chaired by the federal finance minister and includes state finance ministers, will also consider a proposal to lower GST on molasses to 5% from 28%, according to the source.