CHANDIGARH: Prices of premium manufacturers of whisky and beer are more likely to go up within the 2021-22 monetary 12 months. The UT administration is contemplating a ten%- 15% hike.
Sources mentioned the new excise coverage will probably be launched within the first week of March and are available into drive from April 1. Prices of whisky and beer, these of wine and beer at microbreweries are more likely to go down, sources mentioned.
In the 2020-21 excise coverage, the administration had hiked excise obligation 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.
Recently, the excise and taxation division had sought recommendations from hoteliers and liquor merchants on the brand new excise coverage. The division has acquired recommendations from totally different stakeholders.
In the final excise coverage, the UT had allowed bars in 5 star inns to stay open across the clock. They earlier may serve until 1am.
The administration had aimed to earn Rs 680 crore (2020-21) as in comparison with Rs 617 crore in 2019-20.
Under the 2020-21 excise coverage, to advertise low alcoholic contents, like beer and wine, the licence price was not elevated and stored at Rs 12,000 for the entire 12 months. Further, the label registration price of wine was decreased from Rs 10,000 per model to Rs 7,500 per model.
The coverage had additional said that the excise obligation on microbrewery was not elevated and would stay Rs 30 per bulk litre to shift shoppers from onerous to gentle liquor and licence price of microbrewery, eating places, pubs and bar had additionally not been elevated from final 12 months.