Friday, April 4, 2025

Liquor set to be dearer in state by up to 9 pc

Date:

Share post:

SHILLONG, May 25: In a setback for tipplers, prices of liquor in Meghalaya will go up by 8-9% depending on the brand with the state cabinet on Wednesday deciding to reclassify the IMFL brands for additional revenue.
“The government has decided that there will be re-classification of categories of brands for Indian-made foreign liquor (IMFL) through amendments of ad valorem, MVAT on liquor and Rule 44 (10) of the Meghalaya Bonded Warehouse Rules,” Chief Minister Conrad K Sangma told reporters after the cabinet meeting.
Citing similar price hikes in other states, especially in the neighbourhood, he said: “In the interest of ensuring more revenue, we have classified the different brands and also increased the price of some of them.”
“It means that alcohol will get slightly more expensive but at the end of the day, because there has been an increase in the rates in the neighbouring states, we will also end up earning more than Rs 25 crore in additional revenue,” he added.
He said the increase will depend on the brand and the prices will go up from 3-4% to 8-9%.

Related articles

PM Modi urges Bangladesh’s Yunus to avoid rhetoric, protect minorities

Bangkok, April 4: Prime Minister Narendra Modi on Friday raised the issue of safety and security of minorities...

SC orders Yasin Malik to cross-examine witnesses virtually from Tihar

New Delhi, April 4: The Supreme Court on Friday allowed jailed JKLF chief Yasin Malik to cross-examine witnesses...

India in active talks with domestic pharma exporters amid new US tariff threat

New Delhi, April 4: The Commerce Ministry is in active talks with Indian pharmaceutical exporters amid growing concerns...

Rupee strengthens against dollar amid Trump’s reciprocal tariffs

New Delhi, April 4: The Indian rupee witnessed sharp gains on Friday at below 85 against dollar, as...