Excise tax on alcohol spirits increased
October 25, 2011 03:16 pm
Excise tax for a litre of alcohol
spirits has been increased by Rs.60 with effect today (Oct. 25), the Department
of Excise announced. Accordingly the new price of a litre of alcohol spirits
will be Rs.923.
According to the Ministry of Finance and Planning excise duty on spirit (Ethyl
Alcohol) has been revised as follows with effect from October 25, 2011.
|
|
Article |
Previous Duty |
New Duty |
|
1 |
Spirit (Ethyl Alcohol) to be used by licensed manufactures of potable liquor on which excise duty is otherwise payable, or by Government Departments, Hospitals and Research and Educational Institutions as approved by the Government. |
Nil |
Nil |
|
2 |
Spirit (Ethyl Alcohol) to be used in the, manufacturing of medicinal preparations, industrial purposes and manufacturing of finished products to be exported, by approved Institutions as per the following limits; i. upto 20,000 litres per month ii. above 20,000 litres per month
(These conditions should be applied to spirits which are used for re-distillation, as well.) But, this duty shall not be applicable for import of Spirit (Ethyl Alcohol) to be used in purposes and limits mentioned in (i) above. |
Rupees Two Hundred (Rs.200/-) per bulk litre Rupees Five Hundred and Fifty (Rs.550/-) per bulk litre
|
Rupees Two Hundred and Fifty (Rs.250/-) per bulk litre Rupees Six Hundred (Rs.600/-) per bulk litre |
|
3 |
Impure Ethyl Alcohol spirits (Technical spirits/weak spirits) |
Rupees One Hundred and Twenty Five (Rs.125/-) per bulk litre |
Rupees One Hundred and Fifty (Rs.150/-) per bulk litre |
The Excise Duty on Wine, Arrack, Foreign Liquor and Malt Liquor (Beer) has been increased as follows with effect from 25.10.2011. This Excise Duty is not applicable for export of Liquor, the Ministry said in its website.
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Category |
Duty per Proof/Bulk Litre |
|
|
Previous Duty (Rs.) |
New Duty (Rs.) |
|
|
Liquors other than toddy or any liquor made from any cereal (Wine) |
718/= |
778/= |
|
Molasses, Palmyrah, Coconut and Processed Arrack |
863/= |
923/= |
|
Country made foreign spirits |
1003/= |
1063/= |
|
Malt liquor (Absolute strength less than 5%) |
80/= |
85/= |
|
Malt liquor (Absolute strength 5% and above) |
96/= |
101/= |
