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Wine lovers have reason to cheer

Published: 16th July 2013 11:42 AM  |   Last Updated: 16th July 2013 11:43 AM   |  A+A-

The excise duty and additional excise duty on wine has been reduced by de-linking it from the taxation pattern of IMFL products and bringing it as a separate entity for taxation. The Excise Duty (ED) on wine is now Rs 10 per bulk litre, while the Additional Excise Duty (AED) is Rs 34 per bulk litre; Rs 799 per case; Rs 38 per bulk litre for cases priced between Rs 800 to Rs 999; Rs 51 per bulk litre for cases priced at Rs 1,000 to Rs 1,499; Rs 71 for cases priced at Rs 1,500 to Rs 1,999 bulk litre and Rs 99 for cases priced at Rs 2,000 and above.

Cheap liquor has been made even cheaper as ED has been reduced through the new slab on IMFL products. Though this, the government hopes to address the shortfall of 50,000 cases which resulted after the enhancement of ED.



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