The Jharkhand State Government has hiked the Value Added Tax ( VAT ) on Liquor by 25 percentage. Presently, the VAT on liquor to 75 percent across the state. The earlier rate of VAT on liquor in the state was 50 percent.
According to a notification issued by the Commercial Taxes Department on Tuesday, the increase in VAT came into effect from the date of its issue i.e. May 19, 2020.
The increase in VAT is applicable for all types of liquor including Indian-made Foreign Liquor (IMFL).
The Jharkhand Government has recently allowed liquor shops to reopen in the state, during the fourth phase of lockdown.
Recently, the Kerala Government had decided to increase 10 to 35 percent of the excise duty to boost the economy. Some others, including Delhi, Haryana had also imposed a special ‘Corona fee’ on the sale of liquor.
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