Budget 2021: Liquor to become costlier in India? Find out here

Though agri cess of 100 per cent has been levied on some alcoholic beverages, the corresponding basic customs duty has been reduced from 150 per cent to 50 per cent. As a result, the net effective rate of import duties remains at 150 per cent, thus having no impact on overall prices of liquor.

from Zee News :India National https://ift.tt/36AvPsj