Prices of Special Arrack and Coconut Arrack (locally made Liquor) are scheduled to be increased by around Rs.400 per a bottle in line with the increase in excise duty and Value Added Tax(VAT) it has been reported.
The Ministry Of Finance had published a Gazette Notification to announce the increase in Excise Duty imposed on Liqour with iimmediate effect.The excise duty imposed on Special Arrack has been increased by Rs.840per Kiter and the Excess Duty imposed on Palmyrah,Coconut and Processed Arrack has been increased by Rs.900 per a literMeanwhile according to the Excise Department the Price of a Beer Can is due to be increased by Rs.150-200
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