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Kerala Liquor/Beverages/Wine/Beer Price List PDF Details
Kerala Liquor/Beverages/Wine/Beer Price List
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Kerala Liquor/Beverages/Wine/Beer Price List 2021
The state government of Kerala has approved the Beverages Corporation’s intention to raise liquor prices. From February 1, a price increase in the Rs 35-40 range will take effect. The Bevco director board has voted to raise the buying price by 7% to meet a long-standing demand from manufacturers.
“The current liquor pricing were established when the price of extra neutral alcohol (ENA) was around $48 per litre. ENA is currently priced at around 58 cents per litre, having increased to as high as 69 cents in the past. Previous supplier requests were turned down due to factors such as flooding, according to a top source.
He said, “Discussions with suppliers are ongoing, and the final price list will be ready by the end of this week.” In addition to benefiting producers, the price increase will boost revenue for the Beverages Corporation and the state government, thanks to increases in profit, sales tax, and excise duty.
This will be the second price increase in the current fiscal year for liquor. Prices rose in May after the state government’s sales tax was hiked by 35% as a result of the Covid-induced financial crisis. The sales tax on IMFL is currently 237 percent for goods under Rs 400 and 247 percent for brands over Rs 400.
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