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ANDHRA LIQUOR TAX
Karnataka rolls out new alcobev policy, distillers unhappyBengaluru has a new excise duty on alcohol-in-beverage. Prices are now set by producers. The government cut liquor price slabs to make drin...
India meets FY26 with cheers & beers: High-end spirits popular; ale beats rainy daysIndia's liquor sales saw a rebound in the year ended March, with spirits volume growing 4% and beer volumes also rising 4%. This recovery w...
New policy will benefit premium brands, hurt local ones, distillers tell Karnataka CM SiddaramaiahLocal alcohol manufacturers in Karnataka have urged Chief Minister Siddaramaiah to review the proposed liquor tax system, saying it favours...
Andhra Pradesh gears up for a sales high with new liquor policyAndhra Pradesh's new liquor policy, set to begin on October 1, aims to reverse a five-year sales decline by allowing private players in ret...
Lockdowns, ban on sale, corona tax led to liquor sales falling 29%: CIABC“The situation has been worse in states like Andhra Pradesh, Chhattisgarh, West Bengal and Rajasthan where sales have seen a steep decline ...
Liquor body CIABC urges West Bengal government to reduce high sales tax to sustain the industryIn a letter to the WB government, CIABC has stated that increase of tax on liquor by 30% on April 9 has led to drastic fall in liquor sale ...
Liquor body CIABC urges Andhra Pradesh government to reduce corona cessIn a letter to the AP Government, CIABC has stated that on May 5 the state government imposed Additional Retail Excise Tax (ARET) on all ty...
Corona tax hangover: Liquor sales in low spiritsThe biggest drop was in Andhra Pradesh, where sales plunged 90% last month. While sales declined 70% in West Bengal and 65% in Delhi, they ...
Liquor makers hail withdrawal of COVID cess by Delhi govt, say 5% hike in VAT reasonableLiquor makers on Sunday welcomed the Delhi government's decision to withdraw 70 per cent Special Corona duty on liquor after increasing VAT...
With 45 per cent of national intake, southern states draw 10-15 per cent revenue from liquor: ReportWhile Tamil Nadu and Kerala top the list in revenue percentage terms at 15 per cent each, for Kerala the tax on liquor is its single larges...
Coronavirus fee: Cash-strapped states rush to raise taxes on alcoholIn India, several states either control liquor retailing or wholesale distribution or both.
UBS cuts price target on United Spirits by 9%The current valuation of United Spirits is not pricing in potential negative surprises.
Lok Sabha polls 2014: Andhra Pradesh, Gujarat top in liquor seizuresWith EC tying up with IT authorities to tighten the screws on black money flow, cash seizures too have touched Rs 320 crore.
Lok Sabha Polls 2014: Andhra, Gujarat lead in liquor seizures during pollsGujarat together with Daman and Diu, ranks next to Andhra Pradesh for seizure of liquor during polls, with 23 lakh litres confiscated so fa...
- IT Dept freezes bank accounts of APBCL over tax row
IT Dept, which served a demand notice to Andhra Pradesh Beverages Corporation Limited (APBCL), froze the bank accounts of the corporation t...
- EU writes to WTO over high state taxes on foreign liquor
The EU is already in consultation with India on the issue of high local taxes applied by some states.
- Centre not to force states to cut tax on imported spirits
Even as the centre does not force states to cut taxes; EU may take India to WTO on the issue.
- EU to take India's liquor tax hangover before WTO
EU has threatened to start legal action against India at the WTO if it does not address the issue of some states imposing higher local taxe...
- EU whines against Andhra Pradesh’s tax hangover
The European Union (EU) has lodged a fresh complaint at the World Trade Organization (WTO) against the ‘discriminatory’ taxes on imported l...
- Karnataka pips Andhra Pradesh as largest India made liquor market
Karnataka has toppled AP as the largest Indian made liquor market with volumes swelling in the wake of arrack ban effective August last yea...