New excise rules to raise revenue by Rs 90 crore

Shillong, Sep 11: The state government has approved the Meghalaya Excise Amendment Rules 2025 with an eye on generating additional revenue of Rs 90 crore.

The new rules will lead to reclassification of IMFL brands, introduction of a general brand category, revision of ad valorem on beer, and changes to several rules.

IMFL (Indian Made Foreign Liquor) brands will be reclassified to ensure more competitive pricing, chief minister Conrad K Sangma said after a cabinet meeting on Thursday.

A new general brand category will be introduced to provide more options for consumers and ad valorem on beer will be revised to make beer prices more competitive.

Estimated revenue increase because of these amendments will be around Rs 90 crore, he said.

Hot this week

Pay hike of Assam ministers, MLAs likely as 3-member panel submits report

Full report likely by Oct 30 Guwahati Sept 25: There...

Meghalaya Biological Park Inaugurated After 25 Years: A New Chapter in Conservation and Education

Shillong, Nov 28: Though it took nearly 25 years...

ANSAM rejects Kuki’s separate administration demand, says bifurcation not acceptable

Guwahati, Sept 8: Rejecting the separate administration demand of...

Meghalaya man missing in Bangkok

Shillong, Jan 10: A 57-year-old Meghalaya resident, Mr. Treactchell...

Meghalaya’s historic fiber paves the way for eco-friendly products and sustainable livelihoods

By Roopak Goswami Shillong, Oct 25: From making earbuds to...

Two held in fake invoice racket by CGST commissionerate in Guwahati

Guwahati, Nov 15 : Two persons have been arrested...

India calls for greater transparency in functioning of UNSC subsidiary organs

United Nations, Nov 15: India has called for “greater...

Fire breaks out in electronics goods warehouse in Kolkata

Kolkata, Nov 15: A major fire broke out on...

Bihar polls: All 25 ministers in fray won except one

Patna, Nov 15: As the ruling NDA decimated the...

Mizoram Guv lauds tribal communities

Aizawl, Nov 14: Mizoram Governor Vijay Kumar Singh on...
spot_img

Related Articles

Popular Categories