On New Year’s Day, a lot of people party. Many people also drink alcohol in similar circumstances. Despite the government’s de-addiction program, people continue to drink more and more frequently because they do not believe it. You must know how much tax the state government levies on liquor valued at Rs. 1000 in this circumstance. Liquor sales account for about 15% of the Karnataka government’s revenue. Similar to Delhi, roughly 10% of income in Haryana, Uttar Pradesh, and Telangana comes from alcohol. know the whole story.
In Kerala, there is a 250 percent tax.
Alcohol is subject to a high tax in Kerala. Additionally, this state has the greatest rate of alcohol sales. The Keralan government receives about 250% of the tax. Similarly to this, the government of Tamil Nadu makes a sizable profit from the sale of alcohol. On foreign liquor in this country, VAT, excise duty, and a special duty are all levied.
How much tax do I pay on alcohol?
If the average is used, then if someone purchases liquor for Rs 1000, there will be 35 to 50 percent or higher tax on it. If you have purchased a bottle of alcohol for Rs 1000, then you will not have paid the shopkeeper or the liquor manufacturer roughly Rs 350 to 500. are received rather than put in government income. States make billions of rupees from this tax.
Know the alcohol tax rates
All of India’s states and union territories tax alcoholic beverages in various ways. Since 1961, the Gujarati government has outlawed drinking, however, individuals without specific permission can still purchase alcohol. Similar to how Puducherry, most of its income comes from the sale of alcoholic beverages. The excise duty was left unchanged by the Punjabi administration last year. In addition to this, the sales limit was raised there. The government anticipates that alcohol sales will generate roughly 7,000 crores of rupees in revenue during the upcoming fiscal year.
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