Government sources said there is no need to revise excise duty for 2016-17 as liquor prices, across various segments, which had been increased by 8-12% in 2014-15.
The AAP government had not increased excise duty on liquor last year, but raised license fee for different categories by around 20 to 30%.
Also Read
They said a proposal will soon be prepared in this regard.
"The work on formulating new excise policy has started. The new policy will be tabled in Cabinet which will take a final decision in this regard," they said.
The city's excise department had last year submitted a proposal for bringing down the legal age for consumption of beer and wine from 25 years to 21 years, but it was struck down by the government.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)