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Big Shock for Liquor Lovers: Rum, Whiskey, Tequila Prices Set to Soar Before Festivals!
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News18•29-09-2026, 08:03
Big Shock for Liquor Lovers: Rum, Whiskey, Tequila Prices Set to Soar Before Festivals!
- •The Delhi government is preparing to introduce a new excise policy, likely before the upcoming festivals.
- •This new policy could lead to a significant increase in prices for rum, whiskey, tequila, and other alcoholic beverages.
- •The primary objective of the policy is to boost Delhi's revenue.
- •Changes are expected to improve store quality and address the shortage of premium liquor in Delhi.
- •Increased excise duty and retail margins are anticipated to drive up liquor prices considerably.
Key Questions Answered
The Delhi government has prepared a final draft for a new excise policy aimed at increasing revenue by raising both excise duty and fixed retail margins.
The Delhi government plans to notify the new excise policy in October, following approval from the Delhi Cabinet and Lieutenant Governor Taranjit Singh Sandhu.
Due to fixed margins of 50 rupees for Indian-made foreign liquor and 100 rupees for foreign liquor, local stores do not stock imported brands priced above 1,000 rupees, causing residents to shop in Gurugram and Faridabad.
