Liquor costs in Kerala goes up by Rs 20

Thiruvananthapuram, Dec 17: Liquor costs in Kerala have been hiked from Saturday after the state cabinet accepted a 4 per cent enhance within the common gross sales tax, which got here into impact after state Governor Arif Mohammed Khan gave his assent to cross the Kerala General Sales Tax (Amendment) Bill.

As a results of the rise, the value of manufacturers of varied Indian Made Foreign Liquor (IMFL) manufacturers has gone up by Rs 10 to Rs 20, whereas the value of wine and beer has been raised by 2 per cent.

The IMFL producers have been urging the Kerala State Beverages Corporation (KSBC) — the only real wholesaler of liquor in Kerala — to extend the costs within the wake of steep charges of additional impartial alcohol.

The information previously seven years exhibits that whereas in 2015-16 the overall gross sales of KSBC was Rs 11,577 crore, it reached Rs 14,707 crore in 2019-20 however decreased to Rs 13,212 crore within the subsequent fiscal when the state was reeling below Covid-19 pandemic.

However, in 2021-22 the overall gross sales of KSBC once more rose to Rs 14,576 crore and based on the info for the primary six months within the current fiscal, it has touched Rs 8,460 crore.

Liquor costs in Kerala goes up by Rs 20 IANS 17 December 2022 Post Your Comments

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