Foreign liquor, wine become cheaper in Odisha

Prameyanews English

Published By : Chinmaya Dehury | April 2, 2022 3:09 PM

Bhubaneswar, April 2: Foreign Made Foreign Liquor (FMFL) and wine have become cheaper in Odisha as the state government has reduced excise duty on these products in its new Excise Policy for 2022-23. The decision has been taken to reduce disparity in MRP with neighbouring states and also promote high-quality FMFL and low-strength wine. However, the excise duty for Indian Made Foreign Liquor (IMFL) and beer has been kept unchanged, as per the policy document. Sources said excise duty on different FMFL has been reduced by 15 to 20 per cent and it has been brought down by 10 to 15 per cent on wine. The state exchequer was incurring losses because of the high excise duty on premium brands in Odisha compared to the neighbouring states like Chhattisgarh and West Bengal, sources added. People of Odisha were preferring to purchase FMFL and wine from the neighbouring states because of the low price there.

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