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Maharashtra excise department slashes alcohol tax duty by half!

The Maharashtra government on Thursday issued a notification slashing the excise duty by half. Reportedly, the 50% reduction aims to promote the legal import of liquor brands, effectively arresting bootlegging and/or smuggling of alcohol into the state. Now, the price of 1000 ml imported bottles, including scotch and whiskey priced between ₹5,800 and ₹14,000, will be cut down by 35-40%. Notably, the call on the reduction in prices will be taken by the affected liquor companies from Monday onwards.

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