Liquor Prices Hiked in Maharashtra: Cabinet Approves Major Excise Duty Changes

In a significant development for liquor consumers across the state, both domestic and foreign liquor prices are set to rise following a key decision taken during today’s Maharashtra cabinet meeting. The increase in excise duty aims to bolster state revenue, but it is expected to hit consumers’ pockets hard—especially regular buyers.

Price Hike Breakdown: Domestic and Foreign Liquor Affected

The State Excise Department officially announced the revised pricing structure for various categories of alcohol. As per the new rates:

• Country liquor will now cost ₹80

• Maharashtra-made liquor will be priced at ₹148

• Indian-Made Foreign Liquor (IMFL) will cost ₹205

• Premium foreign liquor brands will now be sold for ₹360

The price of IMFL alone has seen a hike of 1.5%, marking a significant rise that is likely to affect consumption patterns across the state.

Additional Excise Revenues and Hotel Licensing

The revision in excise duties is projected to generate an additional ₹14,000 crore annually for the Maharashtra state treasury. The move is part of a broader strategy to increase departmental revenue.

In another notable decision, hotels will now be allowed to sell foreign liquor on par with retail outlets, following an agreement-based leasing model. This model includes an additional fee of 10 to 15 percent on such sales.

Departmental Expansion and Infrastructure Development

To strengthen the operations of the Excise Department and handle the increased regulatory demands, the government has announced the recruitment of 1,223 new positions. Furthermore, a new divisional office will be established to serve Mumbai city and its suburban areas.

Conclusion: Financial Strain Ahead for Consumers

While the government is eyeing a significant boost in revenue through these measures, liquor consumers—especially frequent buyers—may find themselves burdened by rising prices. The decision, though beneficial for the state coffers, is likely to cause financial discomfort among consumers fondly referred to as ‘Talirams’ in local parlance.