Delhi govt lifts ‘special corona fee’ on liquor from Jun 10, but raises VAT

By: |
June 7, 2020 1:21 PM

The government, however, increased the Value Added Tax (VAT) on all categories of liquor from 20 per cent to 25 per cent, the official said.

liquor in Delhi, special corona fee delhi, coronavirus in delhi, value added tax, arvind kejriwal, corona cess on liquorThe decision was taken at a Cabinet meeting.

Liquor in Delhi will be cheaper from June 10 as the AAP government on Sunday decided to withdraw ’70 per cent Special Corona Fee’ on their sale in the national capital, an official said.

The government, however, increased the Value Added Tax (VAT) on all categories of liquor from 20 per cent to 25 per cent, the official said.

The decision was taken at a Cabinet meeting chaired by Chief Minister Arvind Kejriwal.

The ‘Special Corona Fee’ was imposed last month on the Maximum Retail Price of liquor bottle as the government looked to earn additional revenue, hit badly due to the coronavirus lockdown.

Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, Check out latest IPO News, Best Performing IPOs, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

Next Stories
1Australia passes landmark law to make Google, Facebook pay for news
2ITC secures temporary injunction against CG Foods on Wai Wai Majedar Masala noodles
3Firm resolve to privatise idling assets, CPSEs: PM Modi