Guwahati: Liquor charges will go up by 15 per cent in Assam from midnight as the costs have been raised by the excise division to offset the losses to the state exchequer, generated by the discount in value-added tax on petrol and diesel.
As of at this time, December 10, the current liquor fee is in power.
The tax on pricey liquor would go, whereas the tax on wine and beer won’t be hiked owing to the excessive present levy and to safeguard native companies, there might be no tax on wine, beer, and low-cost manufacturers.
Within the fiscal 12 months 2001-02, the federal government of Assam generated Rs 148 crore in excise income, which has gone as much as Rs 2,033 crore in fiscal years 2020-21.
For the 2021-22 monetary 12 months, the division has set an excise income assortment aim of Rs 2,400 crore.
Through the first wave of the COVID 19 pandemic, the federal government had levied a 25% liquor cess, which was subsequently lifted. Within the state, there are 1,234 liquor and wine institutions, with 318 in Guwahati alone. There are a complete of 996 bars within the state.
Additionally learn: Assam liquor costs hiked: See particulars right here
