The Maharashtra government has decided to halve the special duty rate on imported liquors to reduce smuggling and smuggling. The move is expected to bring alcohol prices in Maharashtra in line with those in other states. Liquor companies are expected to reduce prices starting December 13.
The Maharashtra government recently announced that it would halve the special duty on imported liquors. Now the Excise Department has updated the tariffs for some of the brands affected by the rule change. While Maharashtra’s special duty rate still remains the highest at 150%, with Kerala it represents a huge drop from the previous duty rate of 300%. The 50% reduction in excise duty will apply to whisky, rum, brandy, gin and vodka. The rate reduction will not be applicable for beer and wine.
Revenue from imported spirits in the three financial years from 2016-17 to 2018-19 was Rs 200 crore. But revenues were halved to Rs 100 crore in 2019-20 and 2020-21 due to the sales tax hike, according to Excise Department data.
Here are the prices of certain liqueurs updated by the excise department. Prices for other liqueurs should follow shortly.
|Mark||New price (in Rs)||Old price (in Rs)|
|Johnny Walker Black Label Blended Scotch Whiskey||3,750||5,760|
|Johnny Walker Red Label Blended Scotch Whiskey||1,950||3,060|
|J&B Rare Blended Scotch Whiskey||2,100||3,060|
|Jameson Triple Distilled Irish Whiskey||2,500||3,800|
|Blantyre Finest Blended Scotch Whiskey||2,100||3,075|
|Chivas Regal (12 years) Blended Scotch Whiskey||3,850||5,850|
|Jordan’s London Dry Gin||1,650||2,400|
First post: STI