50% additional excise duty on sale of liquor in J&K

Srinagar, May 17 (IANS) The Jammu and Kashmir administration has decided to levy an additional retail excise duty on liquor.

According to a notification, issued by the Financial Commissioner here on Sunday, 50 per cent duty on the maximum retail price (MRP) of Indian-made foreign liquor (IMFL), imported foreign liquor (IFL), J&K special whisky, beer/RTD and wine/cider has been imposed.

The notification will come into force on Monday.

–IANS

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