In an effort to boost revenue and regulate alcohol usage, the Assam Excise Department has announced an increase in liquor prices, which would take effect from April 1, 2024.
The increase in prices will impact all categories of alcoholic beverages, including Indian-made foreign liquor, beer, wine, and ready-to-drink beverages.
According to the new regulations, consumers can anticipate a minimum increase in beer prices ranging from INR 33 to INR 43 per 650 ml bottle.
Likewise, prices for domestically produced spirits will experience a fluctuating increase depending on the brand category, with minimum prices set to reach INR 530 for a standard 750 ml bottle.
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The ramifications of the price modification go beyond civilian transactions to encompass purchases through Canteen Store Depots (CSD) and wholesale warehouses serving paramilitary forces.
Nevertheless, the tax rates for these outlets will be slightly reduced in comparison to civilian transactions.
In these sectors, the price of beer is expected to rise by at least INR 16 to INR 20 per 650 ml bottle. Meanwhile, the cost of India-produced spirits could increase to as much as INR 262 for a 750 ml bottle.
The Assam Excise Department’s decision comes as part of efforts to standardize alcohol pricing policies and regulate consumption patterns.
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