Rajasthan hikes excise duty on liquor as coronavirus lockdown hits revenues

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Rajasthan hikes excise duty on liquor as coronavirus lockdown hits revenues
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The state’s finance division issued the orders to amend a notification to extend the obligation on Wednesday

twitter-logo PTI        Final Up to date: April 30, 2020  | 00:45 IST

Hit by enormous income losses on account of lockdown, the Rajasthan authorities has elevated excise obligation on liquor by 10 share factors.

The state’s finance division issued the orders to amend a notification to extend the obligation on Wednesday.

The excise obligation on Indian-Made International Liquor (IMFL) bottles having value beneath Rs 900 will now be 35 per cent as a substitute of 25 per cent and the obligation will now be 45 per cent as a substitute of 35 per cent on IMFL bottles having value of Rs 900 or above, based on an official of the state excise division.

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The obligation on beer was elevated from 35 per cent to 45 per cent, he stated.

The fundamental licence payment on the market of Nation Liquor and Rajasthan Made Liquor (RML) was additionally raised.

The state authorities’s income has badly affected on account of lockdown which was imposed on account of corona pandemic and the choice is geared toward gathering further income from excise.

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