Foreign Liquor Cheaper in Chhattisgarh: Excise Duty Scrapped

By By Rediff Money Desk, Raipur
Mar 02, 2025 21:14
Chhattisgarh government scraps additional excise duty on foreign liquor, leading to price drops. The move aims to curb smuggling and benefit state revenue.
Raipur, Mar 2 (PTI) Foreign liquor in Chhattisgarh is set to get cheaper after the state government decided to scrap 'additional excise duty' of 9.5 per cent imposed on them, an official said.
As a result, the retail prices of foreign liquor, particularly in the medium and high-range categories, will drop by approximately Rs 40 to Rs 3,000 per bottle, he added.
The decision was taken at a cabinet meeting chaired by Chief Minister Vishnu Deo Sai on Sunday evening, he said.
"The cabinet approved the Chhattisgarh Excise Policy for the financial year 2025-26. As per the new policy, the 674 liquor shops will continue to be functional in the next financial year and the premium shops will be operated as per requirement," the public relations department official said.
"For supply of country liquor the existing rate offer will continue to remain effective. The wholesale procurement and distribution of foreign liquor will continue to be managed by Chhattisgarh State Beverages Corporation Limited. Infrastructure development fee on liquor will remain unchanged, while 'additional excise duty' of 9.5% on retail foreign liquor will be scrapped in the next financial year," he said.
The decision is expected to bring two major benefits, including foreign liquor in Chhattisgarh becoming affordable and curbing smuggling of liquor from other states, the official said.
"The government believes when liquor prices remain uniform, there will be no incentive for illegal imports. This move will not only benefit the state's revenue but also help maintain market stability," the official added.
In another key decision, the cabinet has authorized the state Good Governance and Convergence Department to sign a Memorandum of Understanding (MoU) with Vyakti Vikas Kendra India (The Art of Living) for livelihood generation and the welfare of rural Chhattisgarh, the official added.
Source: PTI
Read More On:
chhattisgarhforeign liquorexcise dutyliquor pricessmuggling
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.

You May Like To Read

MORE NEWS

Bullion Rates Today: Gold & Silver Prices

Check today's bullion rates in Bengaluru. Gold (22K & 24K) prices per gram & silver...

Unclaimed Assets: Rs 2,000 Cr Claimed

Rs 2,000 crore in unclaimed assets claimed in Oct-Nov via 'Your Money, Your Right'...

Tata Power Commissions Koteshwar-Rishikesh Line

Tata Power commissions 400 kV Koteshwar-Rishikesh transmission line, boosting North...

UHM Acquires Rosastays: Expands into India

United Hospitality Management (UHM) enters India by acquiring Rosastays. UHM expands...

Rooftop Solar: 24 Lakh Households Installed

23.96 lakh households installed rooftop solar under PM Surya Ghar scheme. Details on...

US Tariffs Impact: Govt Mitigation Strategies

Government working to mitigate US tariffs impact on Indian exports via trade pacts, RBI...

Birla Estates Sells Luxury Homes for Rs 1,800 Cr

Birla Estates sold 492 luxury apartments in Gurugram for Rs 1,800 crore within 24...

India IPOs: USD 20 Billion a Year is the New...

JP Morgan says India''s IPO market is strong, with USD 20 billion in yearly issuances...

RBI Bank Group Guidelines: Crisil Analysis

Crisil Ratings on RBI's final guidelines for bank groups, balancing structural strength...

Federal Bank Opens 1600th Branch in Delhi

Federal Bank expands its network with its 1600th banking outlet in Delhi. Focus on...

Read More »

Sectoral Indices Market Indicators Listed Companies Gainers Losers Mutual Funds Portfolio Watchlist
© 2025 Rediff.com