Maharashtra Hikes Excise Duty On Liquor, To Create New Posts
The state government has decided to create 1,223 new posts in the excise department. This will include 744 regular and 479 supervisory posts
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Karnataka Tweaks Liquor Taxes To Reduce Price Gap With Neighboring States
- by BW Retail World Bureau
- February 17, 2024
The Karnataka state government will adjust tax rates throughout the 18 slabs of Indian Made Liquor (IML) to preserve its earnings and avoid trade diversion to adjacent states. “In order to rationalise the tax slabs and make them competitive with neighbouring states, the tax slabs for IML and beer will be revised,” Chief Minister Siddaramaiah […]
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Govt Extends RoSCTL Scheme For Apparel Exports
- by BW Retail World Bureau
- February 2, 2024
The Union Cabinet has given the green light for the extension of the Scheme for Rebate of State and Central Taxes and Levies (RoSCTL) for the export of apparel/garments and made-ups. The approval comes to foster a stable policy regime, crucial for the long-term planning of trade, particularly in the textile sector where advance orders […]
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Liquor Sales In Karnataka Decline After Excise Duty Hike
- by BW Retail World Bureau
- August 23, 2023
Karnataka has recorded a decline in liquor sales in the state in August after the new government increased the excise duty. As per the statement from the Federation of Wine Merchants’ Association, Karnataka, the first two weeks of August have seen a significant decline in both sales and revenue. It may be recalled that while […]
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UP Cabinet Approves New Excise Policy, Consumers May Have To Pay More For Drinking Alcohol
- by BW Retail World Bureau
- January 30, 2023
The Yogi Adityanath-led Uttar Pradesh cabinet has approved the new excise policy, in which the license fee of liquor and beer shops has been increased by 10 per cent. The decision was taken at a Cabinet meeting held on Saturday. The government has set a target of raising revenue of about Rs 45,000 crores from […]