3 days ago
Get old wine at old rates beforeduty hike kicks in
Nagpur: The state govt has hiked excise duty on liquor, so tipplers have only a few more days to get a high from old wine and pay the old rates. Though state cabinet has cleared the hike, a final notification is yet to reach excise offices.
Some liquor dealers and bar managers say the drinkers may not have to shell out more right away. The new taxes are expected to be applicable on fresh stock. This means old stock, which generally lasts for a week at the outlets, will still be available at the same price. Excise is levied at manufacturing stage & passed down trade channels, finally reaching the consumer, explained a state govt official.
Dealers said increase in duty will make a peg of entry-level drink costlier by Rs15-20.
The increase would be substantial for premium brands like scotch. Rajeev Jaiswal, president of Nagpur District Permit Room Owners Association, said a quarter bottle of rum that cost Rs145 would now retail around Rs160. In the bar, a peg of any of commonly consumed brands may cost Rs100 or more, depending on the type of outlet.
Jaiswal said liquor in the state is among costliest, which leads to smuggling from neighbouring states.
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Often, liquor is brought illegally from Madhya Pradesh, where rates are substantially lower. The govt must also act to prevent smuggling as it also leads to revenue loss.
The move has left tipplers disappointed. "We are barely able to afford peanuts along with drinks. Now even that would be a luxury," said Siddharth, a youngster. "I may have to cut down on weekly trips to the bar with my friends," said Priyank, also in his 20's.
