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West Bengal imposes 30 per cent gross sales tax on liquor

West Bengal imposes 30 per cent sales tax on liquor
Picture Supply : FILE

West Bengal imposes 30 per cent gross sales tax on liquor

In an obvious bid to shore up revenues, the West Bengal authorities has determined to impose 30 per cent gross sales tax on wine and beer, sources within the finance division stated on Monday. The federal government issued a notification on this regard on April 7 and the brand new costs got here into impact from April 9.

Publish imposition of GST in July 2017, the state authorities withdrew the gross sales tax on liquor and launched further excise responsibility together with the excise responsibility which was already there.

“Now after amending the related Act, the state authorities has imposed a gross sales tax of 30 per cent on MRP of the liquor bottles and it got here into impact from April 9,” the sources stated.

Contemporary stickers marking the brand new MRP which incorporates all of the three – excise, further excise and gross sales tax – are being printed by the federal government and shall be pasted on the bottles, sources stated.

This sticker shall be relevant to the present inventory which is being held by the West Bengal State Drinks Company (Bevco), sources stated.

Bevco is the only wholesaler of wine and beer in West Bengal owned by the state authorities.

When new shares arrive, it should have already got the gross sales tax element in-built in its value at a brand new stage of MRP.

Gross sales of liquor throughout the state is being halted owing to the lockdown since March 25, 2020 as all stores together with nation spirit (CS), ‘ON’ and ‘OFF’ outlets are closed.

Within the final monetary 12 months, the state authorities raised round Rs 11,200 crore from liquor gross sales.

State secretary of WB International liquor, CS, OFF and ON Store & Lodge House owners Affiliation Gautam Mukherjee stated as a result of influence of gross sales tax imposition, there shall be a detrimental influence.

“It is because costs will rise fairly excessive in a single stroke and it will likely be troublesome for folks,” he stated.

Duties are much less in neighbouring states equivalent to Jharkhand, Odisha, Assam and Sikkim, he stated.

“There was a terror that liquor shall be smuggled into West Bengal which may very well be a actuality”, he stated.

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