India capital New Delhi has denied Anheuser-Busch InBev SA's plea to temporarily lift a sales ban while it hears the Belgian brewer's appeal, Reuters reported Aug. 6, citing government sources.
New Delhi authorities have imposed a three-year ban on selling AB InBev products in the city's key markets due to the company's alleged tax evasion. AB InBev has denied the allegations.
The maker of Budweiser, Hoegaarden and Stella Artois beer brands reportedly lodged an appeal against the ban to the city's Commissioner of Excise. It also filed a separate appeal to the Commissioner requesting the ban to be lifted while the appeal is heard but that request was not granted, the news outlet said.
AB InBev's troubles with city authorities began after a government investigation discovered that the Belgian brewer's subsidiary ABI SAB Group Holding Ltd., formerly known as SABMiller Ltd., allegedly duplicated bar codes on its beer bottles and supplied these products to city retailers to evade taxes.
AB InBev did not immediately respond to S&P Global Market Intelligence's request for comment.