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'Old Monk Ban Costs Maharashtra ₹350 Crore in Excise Revenue': Manufacturer Tells Bombay HC
Old Monk manufacturer Mohan Rocky Springwater Pvt. Ltd. has told the Bombay High Court that restrictions on sales from its Thane district unit cost Maharashtra around Rs 350 crore in excise revenue and the company over Rs 500 crore. The dispute concerns FSSAI objections to added rum flavouring and product labels. The High Court will hear the challenge on October 23.
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