COVID-19 Impact: Alcohol Prices To Increase In Rajasthan On Hiked Excise Duty
Business
oi-Olga Robert
By Staff
The Rajasthan government has increased excise duty on liquor by 10 percent to recover revenue losses made amid the lockdown. The state's finance department issued the orders to amend a notification to increase the duty on Wednesday.
On Indian-Made Foreign Liquor (IMFL) bottles priced below Rs 900 the excise duty was hiked to 35 percent from 25 percent and on IMFL bottles priced at Rs 900 or more, the duty has been increased to 45 percent from 35 percent.
The duty on beer was raised from 35 percent to 45 percent.
The basic licence fee for sale of Country Liquor and Rajasthan Made Liquor (RML) was also raised.
The state government's decide is aimed at collecting additional revenue from excise as its revenue has badly affected due to the lockdown, a PTI report said.
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