Half-empty shelves, shortage of several brands, and small protests — teething troubles seen in the first few days of implementation of the Delhi government’s new excise policy persist at the private liquor shops that have opened across the city. Ten days ago, the new policy, which saw the government pulling out of retail trade entirely,…
Sales dropped to 187.22 lakh cases of IMFL and 72.4 lakh cases of beer during 2020-21, says Minister M.V. Govindan in a written reply to the Assembly Sales figures reveal that liquor consumption in Kerala dropped during 2020-21, a period marked by the lockdown following the COVID-19 outbreak, Minister for Excise M.V. Govindan said in…
Prices of several brands of liquor have tumbled to a multi-year low in Bengal. The early figures from the state excise department suggest bottled in origin (BIO) brands will be the big gainer from the latest round of tax tweaks carried out by the government last week. A bottle of 12-year old Glenlivet single malt…
New Delhi: A new excise regime is set to hit the city markets from today (November 17) as the Delhi government bid adieu to retail liquor business on Tuesday midnight. Swanky liquor outlets having walk-ins and and some having tasting facilities are all set to enhance user experience. Tuesday (November 16) was the last business…
Drinks group Diageo on Tuesday said it expects to grow organic net sales in the double digits in the first half of the year, based on increased brand investments and a rapid consumer shift towards high-end brands.Shares of the world’s largest spirits maker, part of the UK’s blue-chip FTSE 100 index, rose as much as…
From now on, only a single licence will be needed to serve liquor at independent restaurants in the national capital as the Delhi government has decided to merge four separate licences ahead of implementing its new excise policy from November 17. The existing L-17, L- 17 F, L-18 and L-18 F licences will be combined…
New Delhi: Ahead of the implementation of new excise policy, the Delhi government has merged four separate licences. Now, a single licence is needed for serving liquor at restaurants in the capital. The move is aimed at cutting down on paperwork and at facilitating ease of doing business, said officials. Meanwhile, a major shortage of…
Image Source : PTI/REPRESENTATIVEDelhi govt merges 4 licences needed to serve liquor at independent restaurants In a move to facilitate ease of doing business, the Delhi government has merged four separate licenses in the run-up to the implementation of its new excise policy from November 17, with a single licence now needed for serving liquor…
NEW DELHI: With a new excise regime becoming operational from November 17, Delhi government notified reduced value added tax on liquor on Friday. Industry experts, however, expect retail prices to go up 8-10%. Delhi government’s finance department notified some amendments in the Delhi Value Added Tax Act, 2004, which now mandates a fixed 1% VAT…
KOLKATA: Tipplers are getting ready to raise a toast as the price of all kinds of liquors — India Made Foreign Liquor, beer, bottled in origin liquor (BIO), overseas spirits bottled in India (OSBI) and wine — are dropping by a hefty 20%-30%. For beer, the fall is marginal though (5%-6%). But for some IMFL, the dip will…