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LIQUOR TAX PROPOSALS
Kerala liquor policy to be decided after talks with coalition parties, says Kerala Revenue Minister A P Anil KumarKerala Revenue Minister A P Anil Kumar stated that any policy on tax cuts for low-alcohol beverages will be decided after internal UDF disc...
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...
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...
Karnataka liquor taxation: Distillers to meet CM, seek review of new alcobev tax structureAlcoholic beverage manufacturers in Bengaluru are seeking a review of proposed excise duty rules, fearing a European model's negative impac...
GST Council to mull exempting distilled alcohol used to make liquor from taxHigh distilled or extra neutral alcohol contains 95% alcohol by volume and is used for producing liquor and for industrial purposes.
Liquor prices in Karnataka to shoot up; beer, wine to get cheaper in barsKarnataka CM Siddaramaiah, who is also in charge of planning the State’s finances, on Wednesday proposed in his Budget for 2017-18 abolishi...
CNG, alcohol, tobacco set to become dearer in DelhiThe Delhi Value Added Tax Bill seeks to "make enabling provisions for levy of VAT in respect of goods enlisted in the 4th Schedule at diffe...
Tarun Gogoi presents Rs 66,142.16 crore Assam budget"I propose to substantially increase fees and taxes on liquor with a view to discourage alcoholism and spread of bar and liquor shops," he ...
- State Finance Ministers to hold GST meet in Shillong on November 18-19
At its last meeting on October 21, several states had opposed the inclusion of petroleum products and liquor in the proposed indirected tax...
Maharashtra budget: Cigarettes, liquor, cosmetics to cost moreThe state Budget has proposed hike in taxes on cigarette, tobacco, liquor, cosmetics and jewellery to mop up additional resources to fund d...
Budget aftershocks: Proposal to amend I-T Act to hit state revenues from liquor-distributing PSUsThe amendment to Section 40(A) denies deduction to a state govt prior to declaration of incomes and payment of taxes thereon.
- Goa Chief Minister Manohar Parrikar assures partial rollback of liquor fees
Goa Chief Minister Manohar Parrikar has assured to partially rollback the hike proposed in the state budget in the license fees for liquor ...
European Union whines despite India agreeing to halve import duty on its winesIndia proposed to halve import duties on wines & spirits bought from the EU under the bilateral free trade agreement, but EU is demanding s...
- EU seeks to resolve liquor duty dispute via video consultations
EU has proposed to resolve ‘high’ duties on liquor imports levied by a few Indian states through video consultations , a move aimed at expe...
- Himachal may reduce VAT on liquor to make booze cheaper
In a bid to check smuggling of liquor from neighbouring states and increase revenue, the Excise Department in Himachal Pradesh has proposed...
- Liquor price may sober up to one rate in India
It is proposed that tax on Indian-made foreign liquor should be two-third or one-third of its MRP. In case of beer and wine, tax should be ...
- We don't wanna bottle up desire
The government is expected to bring down customs duty on imported liquor to 166% from 182% in the forthcoming budget in order to make duty ...