Moneycontrol PRO
HomeNewsBusinessEconomyDelhi withdraws Special Corona Fee on liquor from June 10 but raises VAT to 25%

Delhi withdraws Special Corona Fee on liquor from June 10 but raises VAT to 25%

Further, Value Added Tax (VAT) levied on all categories of liquor sold has been increased to 25 percent from the existing 20 percent

June 09, 2020 / 23:02 IST

The Delhi government has withdrawn the 'Special Corona Fee' levied at 70 percent of the maximum retail price on all categories of liquor, with effect from June 10, news agency ANI has reported.

Further, Value Added Tax (VAT) levied on all categories of liquor sold has been increased to 25 percent from the existing 20 percent.

The 'Special Corona Fee' was imposed in May on the MRP of liquor bottles as the government looked to earn additional revenue, having been hit badly due to the coronavirus lockdown.

The sale of liquor was allowed in the national capital from May 4 onwards, which is when the third phase of the nationwide lockdown started. The special fee was imposed by the Aam Aadmi Party (AAP) government the very next day.

Moneycontrol News
first published: Jun 9, 2020 11:00 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347