Drink Alcohol at a Low Price in Telangana
On friday, the telangana government approved the telangana State Beverages Corporation Limited's proposal to lower the Special Excise Cess (SEC) rates now applied to indian Made Foreign Liquor (IMFL) and Foreign Liquor (other than beer). Starting on friday, the stocks sent from the bottling units will be subject to the updated SEC rates.
The amended rates call for price reductions of Rs. 10 on 90 ml and 180 ml spirits bottles, Rs. 20 on 375 ml bottles and Rs. 40 on 750 ml bottles. The IMFL depots' alcohol holdings as of friday, including any stock that was on waiting trucks outside of the IMFL depots and stock that was in transit, will be liquidated at the current prices.
Additionally, it has been mandated that stock be distributed starting on friday at the revised prices by registered liquor retailers. According to the 2011 Legal Metrology (Packaged Commodities) Rules, "Stocks held at Finished Goods Stores (FGS) shall be delivered to the depots after affixing a sticker with the amended MRP (including of all taxes) The order stated that the sticker "must not obscure the MRP disclosure issued on the label by the manufacturer.