United Breweries' ₹275-crore tax demand cut to zero by Maharashtra tribunal

The beer maker said it received a favourable order from the Maharashtra Sales Tax Tribunal, Mumbai, which reduced a tax demand related to FY19 to nil. Shares of United Breweries Ltd ended at ₹1,411.10, down by ₹2.70, or 0.19%, on the BSE today, May 12.