Maharashtra Govt Cuts Excise Duty On Imported Scotch Whiskey By 50%
Mumbai: Maharashtra government has cut excise duty on imported scotch whiskey by 50%, a senior official said.
“The excise duty on imported scotch whiskey has been brought down from 300 per cent to 150 per cent of the manufacturing cost,” the official told PTI.
The notification in this regard was issued on Thursday, she said.
The Maharashtra government earns annual revenue of about Rs 100 crore from the sale of imported Scotch.
The official said the revenue is expected to increase to Rs 250 crore as sales are expected to increase from one lakh bottles to 2.5 lakh bottles.
The reduction in the duty would also curb smuggling of scotch from other states and the sale of spurious liquor, she added.
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