News
Beer, Whiskey and Wine to cost 20 per cent more after GST kicks in
- Date:
- May 27, 2017
- Source:
- Economic Times
If you want to raise a toast to the advent of one-nation-one-tax system in July, be prepared to pay up to 20 per cent more for beer, wine and whisky, which have been kept out of the goods and services. The heavily taxed alcoholic beverages industry had run from pillar to the post to come under GST ambit but states were not ready to give up this lucrative source of revenue. The industry now p…