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Home Cities Chandigarh No hic, hic, hurray as booze prices may go up by 15%...

No hic, hic, hurray as booze prices may go up by 15% | Chandigarh News – Times of India

CHANDIGARH: Costs of premium manufacturers of whisky and beer are more likely to go up within the 2021-22 monetary yr. The UT administration is contemplating a 10%- 15% hike.
Sources stated the new excise coverage shall be launched within the first week of March and are available into power from April 1. Costs of whisky and beer, these of wine and beer at microbreweries are more likely to go down, sources stated.
Within the 2020-21 excise coverage, the administration had hiked excise responsibility on liquor by 12% and imposed cow and Covid cess. The cow cess was levied at Rs 5 per bottle on 750ml of nation liquor, Rs 5 per bottle on 650ml of beer and Rs 10 per bottle on 750ml of whisky.
Not too long ago, the excise and taxation division had sought options from hoteliers and liquor merchants on the brand new excise coverage. The division has acquired options from completely different stakeholders.
Within the final excise coverage, the UT had allowed bars in 5 star motels to stay open across the clock. They earlier might serve until 1am.
The administration had aimed to earn Rs 680 crore (2020-21) as in comparison with Rs 617 crore in 2019-20.
Below the 2020-21 excise coverage, to advertise low alcoholic contents, like beer and wine, the licence charge was not elevated and saved at Rs 12,000 for the entire yr. Additional, the label registration charge of wine was lowered from Rs 10,000 per model to Rs 7,500 per model.
The coverage had additional said that the excise responsibility on microbrewery was not elevated and would stay Rs 30 per bulk litre to shift shoppers from arduous to tender liquor and licence charge of microbrewery, eating places, pubs and bar had additionally not been elevated from final yr.

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