India’s capital slaps three-year ban on AB InBev for alleged tax evasion
Probe finds that subsidiary SABMiller used duplicate barcodes on its beer bottles supplied to city retailers, allowing it to pay lower levies
30 July 2019 - 17:01
New Delhi — India’s capital city has banned the world’s largest brewer, AB InBev, from selling its products in the key New Delhi market for three years for allegedly evading local taxes, government orders seen by Reuters show.
The city government orders from earlier in July followed a three-year investigation in which it was found that beermaker SABMiller — acquired by AB InBev in 2016 for about $100bn — used duplicate barcodes on its beer bottles supplied to city retailers that year, allowing it to pay lower levies...
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