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70% coronavirus tax on liquor effective from today, May 5th

70% tax on liquor

Image Source: Naidunia

70% coronavirus tax on liquor effective from today, May 5th. Liquor shops pulled up their shutters on Monday after over a month since the center announced a lockdown amid the coronavirus pandemic.

New Delhi:  Liquor finally turned out to be the only way governments can generate income. Despite the fact that the state is under serious threat from the pandemic coronavirus, many state governments have issued licenses for the liquor shops to open.

Now, the Delhi government charges a 70 percent extra tax on liquor from today. This is to find ways to generate income amid the coronavirus pandemic. Calling the new tax “special corona fee”, the Arvind Kejriwal government in a late-night order on Monday. He said the police should allow the shops to remain open from 9 am to 6:30 pm.

The 70% tax is on the maximum retail price or MRP per bottle. For instance, a liquor bottle with a pre-tax MRP of Rs 1,000 will now cost Rs 1,700.

Liquor shops pulled up their shutters on Monday after over a month since the centre announced a lockdown amid the coronavirus pandemic.

The Delhi government is looking to harvest more revenue from liquor sales as the lockdown has affected businesses and tax collection.

The move to charge the 70 percent tax on liquor was first considered at a cabinet meeting chaired by Mr. Kejriwal on Monday morning itself, just after the extended lockdown kicked in with some rules eased, news agency PTI reported quoting unnamed sources.

On Sunday, Mr. Kejriwal said the state government’s earnings and economy have been affected due to the lockdown. Citing revenue figures, he said the Delhi government earned Rs 3,500 crore in April 2019, but only Rs 300 crore in April this year.

News Source: NDTV

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