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Time of India
05-05-2025
- Business
- Time of India
Why beer in Goa costs you Rs 100 but Rs 305 in Karnataka, Rs 229 in Telangana?
A bottle of alcohol priced at Rs 100 in Goa can cost as much as Rs 305 in neighbouring Karnataka, Rs 229 in Telangana, and Rs 205 in Rajasthan—highlighting the stark disparity in liquor prices across states due to varying excise duties and taxes, reported TOI. Despite a marginal increase in recent years, Goa continues to levy the lowest excise duty at 55 per cent , while Karnataka imposes the highest at 80 per cent , according to the International Spirits & Wine Association of India. This wide gap in taxation has a noticeable impact on retail prices. For instance, a bottle of Black Label whisky costs Rs 3,310 in Delhi, Rs 4,200 in Mumbai, and nearly Rs 5,200 in Karnataka. Industry experts argue that such inconsistencies undermine the 'one nation, one tax' vision. Yet, state finance ministers have shown little inclination to address the issue, even as high-tax states lose revenue to bootlegging and illicit trade, according to a TOI report. With excise on liquor and VAT on petrol and diesel being the only major sources of revenue for states after the introduction of goods and services tax, finance ministers are reluctant to give up further taxation powers, especially in a season of freebies, when the tax is used to bridge the deficit. "While we recognise that the states have to augment their revenues, there is a need to build a sustainable model which focuses on stability and allows consumers to uptrade through premiumisation. This can be achieved through tax rationalisation and creating a pricing ladder that allows consumers to uptrade, thereby building the ethos of drink less, drink better. We have seen revenue growth in the past in states like Maharashtra and Karnataka, where price correction through tax rationalisation has helped in incremental revenue growth that is sustainable," said Sanjit Padhi, CEO, ISWAI, the industry lobby representing global giants told TOI . Rival body Confederation of Indian Alcoholic Beverage Industry too has said that different tax levels across states is a big challenge for the industry. "There is no cohesive strategy for the Indian alcoholic beverage industry. The industry needs a uniform taxation mechanism which will propel the growth," CIABC's Deepak Roy told TOI.>
Time of India
04-05-2025
- Business
- Time of India
Rs100 in Goa & Rs305 in Karnataka, excise duty difference defeats spirit of '1 nation, 1 tax'
This is a representational AI image (Pic credit: Lexica) NEW DELHI: A bottle of alcohol that costs Rs 100 in Goa will set you back by Rs 305 in neighbouring Karnataka, Rs 229 in Telangana and Rs 205 in Rajasthan. The massive price variation is due to the different levels of excise duty and other taxes that states levy, with the trend of Goa having the lowest levies remaining unchanged. If anything, taxes in Goa have inched up compared to a few years ago. Goa levies the lowest excise of 55%, while the tax rises 80% in Karnataka, the highest in the country, according to data compiled by International Spirits & Wine Association of India. As a result, a bottle of popular Black Label whisky costs Rs 3,310 a bottle in Delhi, Rs 4,200 in Mumbai and around Rs 5,200 in Karnataka. The difference in duties defeats the 'one nation, one tax' principle, with finance ministers making no effort to correct the situation, amid calls from industry to rationalise taxes. It also results in states with higher taxes losing revenue to bootlegging. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Want Lower Bills Without Changing a Thing? elecTrick - Save upto 80% on Power Bill Learn More Undo FMs reluctant to give up taxation powers For instance, individuals in Delhi often hop across to Haryana to purchase alcohol as is the case in Tamil Nadu, where many people purchase liquor from Puducherry. With excise on liquor and VAT on petrol and diesel being the only major sources of revenue for states after the introduction of goods and services tax, finance ministers are reluctant to give up further taxation powers, especially in a season of freebies, when the tax is used to bridge the deficit. "While we recognise that the states have to augment their revenues, there is a need to build a sustainable model which focuses on stability and allows consumers to uptrade through premiumisation. This can be achieved through tax rationalisation and creating a pricing ladder that allows consumers to uptrade, thereby building the ethos of drink less, drink better. We have seen revenue growth in the past in states like Maharashtra and Karnataka, where price correction through tax rationalisation has helped in incremental revenue growth that is sustainable," said Sanjit Padhi, CEO, ISWAI, the industry lobby representing global giants. Rival body Confederation of Indian Alcoholic Beverage Industry too has said that different tax levels across states is a big challenge for the industry. "There is no cohesive strategy for the Indian alcoholic beverage industry. The industry needs a uniform taxation mechanism which will propel the growth," CIABC's Deepak Roy said recently.
Time of India
23-04-2025
- Business
- Time of India
CIABC seeks uniform taxation, global push for Mahua, Feni
Alcoholic beverage maker's body CIABC on Wednesday urged the government to introduce uniform taxation for the sector and allow promotion of heritage spirits like ' Mahua ' and ' Feni ' globally, saying such reforms are vital to boost exports and help Indian brands compete internationally. Deepak Roy, Chairman at Confederation of Indian Alcoholic Beverage Industry (CIABC), also said that the government should allow the industry to communicate freely with its consumers. With the government's help, Indian heritage spirits can be promoted in international markets, as they have great potential in India and globally, he said. Roy was speaking at the AlcoBev India 2025 , the industry conclave organised by CIABC here. "One segment that can really make it happen is the Indian heritage spirits. When 'Tequila' can be synonymous with Mexico, 'Sake' with Japan and 'Soju' with Korea, the same we can achieve internationally with 'Feni' or 'Mahua', which have a rich cultural legacy. We need to get out of the old mindset and promote Indian heritage spirits," he said. He added that different taxation levels in states are a big challenge for the industry. "There is no cohesive strategy for the Indian alcoholic beverage industry. The industry needs a uniform taxation mechanism which will propel the growth," he added. At the conclave, CIABC Director General Anant S Iyer said the Indian alcoholic beverage industry is seeking taxation reforms and progressive policies to drive revenue growth and industry advancement. India is ranked 40th in the world for alcoholic beverage exports, and the target is to be among the top 10 exporters in the world in the coming years. The country's alcoholic beverages exports stood at over Rs 2,200 crore in 2023-24. The major destinations include the UAE, Singapore, the Netherlands, Tanzania, Angola, Kenya and Rwanda. The target is to increase the shipments to USD 1 billion in the coming years.
Time of India
23-04-2025
- Business
- Time of India
CIABC seeks uniform taxation, global push for Mahua, Feni
Alcoholic beverage maker's body CIABC on Wednesday urged the government to introduce uniform taxation for the sector and allow promotion of heritage spirits like ' Mahua ' and ' Feni ' globally, saying such reforms are vital to boost exports and help Indian brands compete internationally. Deepak Roy, Chairman at Confederation of Indian Alcoholic Beverage Industry (CIABC), also said that the government should allow the industry to communicate freely with its consumers. With the government's help, Indian heritage spirits can be promoted in international markets, as they have great potential in India and globally, he said. Roy was speaking at the AlcoBev India 2025 , the industry conclave organised by CIABC here. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Winter Camping Gear (Order Today) Trek Kit India Shop Now Undo "One segment that can really make it happen is the Indian heritage spirits. When 'Tequila' can be synonymous with Mexico, 'Sake' with Japan and 'Soju' with Korea, the same we can achieve internationally with 'Feni' or 'Mahua', which have a rich cultural legacy. We need to get out of the old mindset and promote Indian heritage spirits," he said. He added that different taxation levels in states are a big challenge for the industry. Live Events "There is no cohesive strategy for the Indian alcoholic beverage industry. The industry needs a uniform taxation mechanism which will propel the growth," he added. At the conclave, CIABC Director General Anant S Iyer said the Indian alcoholic beverage industry is seeking taxation reforms and progressive policies to drive revenue growth and industry advancement. India is ranked 40th in the world for alcoholic beverage exports, and the target is to be among the top 10 exporters in the world in the coming years. The country's alcoholic beverages exports stood at over Rs 2,200 crore in 2023-24. The major destinations include the UAE, Singapore, the Netherlands, Tanzania, Angola, Kenya and Rwanda. The target is to increase the shipments to USD 1 billion in the coming years.
