IndiaForeign liquor; 50 per cent reduction in import duty: Maharashtra government announces

Foreign liquor; 50 per cent reduction in import duty: Maharashtra government announces

It has reduced the import duty on foreign liquor by 50 per cent Government of Maharashtra Officially announced.

In this regard today Government of Maharashtra The statement said:

” For liquors imported from abroad Import tax The Maharashtra government has decided to reduce it by 50 per cent.

from this Foreign liquors 300 per cent to 150 per cent of the cost of production Excise tax Is reduced.

Reducing excise duty will help prevent smuggling and distribution of illicit, illicit liquor.

The state government earns Rs 100 crore annually from the sale of imported liquor. Following this, government revenue is expected to double.

Thus Government of Maharashtra Reported.

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