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Alcohol to be expensive in Maharashtra as cabinet gives nod to hike excise duty

A high-level study group had examined policies from other states and submitted recommendations on state excise duty, licensing, and tax collection improvements, a press release from the state Chief Minister's Office (CMO) stated

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The excise duty on Indian Made Foreign Liquor (IMFL) will be raised from three times to 4.5 times the declared manufacturing cost. Representational Pic/File

The excise duty on Indian Made Foreign Liquor (IMFL) will be raised from three times to 4.5 times the declared manufacturing cost. Representational Pic/File

Alcohol in Maharashtra set to get expensive as state cabinet on Tuesday approved revenue-boosting changes in the excise department, including a hike in duty on liquor.

A high-level study group had examined policies from other states and submitted recommendations on state excise duty, licensing, and tax collection improvements, a press release from the state Chief Minister's Office (CMO) stated.

The state has also introduced a new category grain based Maharashtra Made Liquor (MML) to be produced exclusively by local manufacturers.

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