Mumbai, Oct. 12 -- Alcoholic beverage maker Mohan Rocky Springwater Pvt. Ltd told the Bombay High Court on Monday that Maharashtra is losing over Rs.300 crore in excise revenue due to the shutdown of its Khopoli factory since May.

"In every state, I have a plant because alcohol excise is a state subject; Rs.300 crore of excise with the state has been lost," said senior counsel Venkatesh Dhond, representing the rum manufacturer. Dhond added that about 300 workers at the unit have been left idle due to halted operations.

The maker of Old Monk also told the court that talks with the regulator have failed to bring them to a middle ground, as the Food Safety and Standards Authority of India (FSSAI) has rejected its product labels twice. Duri...