kolkata

 IIE DIGITAL DESK: Kolkata – In a significant move, the West Bengal government has increased the excise duty on beer and Indian Made Foreign Liquor (IMFL). Effective immediately, consumers can expect to pay an additional Rs 20 to Rs 30 per bottle, depending on the type and brand of alcohol.

This decision, announced by the state's Finance Department, aims to boost revenue amid ongoing economic pressures. The hike is part of a broader effort to enhance the state's fiscal health and fund essential public services.

The excise duty increase is likely to impact both local and national breweries, potentially leading to higher retail prices. Consumers should prepare for these adjustments as the new rates take effect. The move has sparked mixed reactions, with some praising the government's effort to increase state revenue while others express concern over the rising cost of living.

Industry experts anticipate that the price adjustment may lead to a temporary dip in alcohol consumption, as consumers may seek alternatives or reduce their overall spending on alcoholic beverages. The government has not yet indicated any further changes to excise policy in the near future.West Bengal government increasing excise duty, beer, Indian Made Foreign Liquor (IMFL), and country liquor will be more expensive in the state from August 14. While the price per bottle of beer will go up by Rs 20-25, IMFL will be Rs 30 more expensive, and country liquor will cost Rs 5 more.