Liquor prices in Goa set for hike
There is bad news for tipplers in Goa. While presenting budget, Chief Minister of Goa, Pramod Sawant announced hikes in excise duties and fees on the sale of liquor in the state of Goa. The hikes varied from 20 percent to 50 percent for all categories of liquor to be sold in Goa. One can expect that from the new financial year onwards, that is from 1st April 2020, liquor is set to cost up to 50 percent more in Goa.
However, alcoholic beverage drinkers in Goa can take solace from the fact that despite these hikes, prices of alcoholic beverages available in Goa would be cheaper than that in other states of India in the new financial year. Sawant has also proposed to introduce a unique hologram on each bottle of liquor in Goa which would authenticate the liquor and thereby prevent its counterfeiting.
The government of Goa will garner an additional excise revenue of Rs. 100 crore through the new excise duties and fees.
