The Tamil Nadu government on Wednesday hiked the excise duty by 15 per cent on IMFL resulting in a price hike of Rs 10-20 for the tipplers. This decision comes a day before reopening the state-owned liquor outlets in the state, barring Chennai. Prices of liquor will be raised by a maximum of Rs 20 from May 7 in Tamil Nadu. The retail outlets will open for business for the first time in over 40 days due to the COVID-19 lockdown, the state government said on Wednesday.
The liquor retail in Tamil Nadu is a state monopoly run by the Tamil Nadu State Marketing Corporation or popularly known as TASMAC. The decision to hike the rates comes a day ahead of state-run TASMAC retail outlets set to reopen in Tamil Nadu, with the government giving the nod to resume sales citing Centre’s relaxation in this connection and tipplers from border districts thronging shops in Karnataka and AP on May
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Tamil Nadu to Hikes Liquor Prices From Tomorrow
In a statement issued here, the government said it has increased the excise duty by 15 per cent on the IMFL.