If the government feels that it cannot be liberal when it comes to liquor, it needs to justify further the proposal to restrict imports. History shows that reducing availability has not reduced the consumption of liquor.
Here's a look at the duty-free limit of carrying liquor and tobacco into 10 countries, handpicked by Moneycontrol.
The rise in collections however still failed to bridge the shortfall in annual target, which could amount to Rs 810 crore.
"This (bringing petrol and diesel under GST) is not a correct decision. It would hurt the federal spirit of our country. If these products are brought under GST, state finances will be further reduced," he said.
Uttar Pradesh's move to open up the industry will end the 'monopoly system' in distribution of alcohol.
The Election Commission teams have so far confiscated liquor valued at Rs 22.19 crore from the state where prohibition is in force.
The company had posted a net profit of Rs 22.5 crore for the same period of previous fiscal.
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In a letter to Finance Minister Arun Jaitley, Confederation of All India Traders (CAIT) has said the linkage of digital payments with sale of liquor could also curb black money to a great extent.
Chief Minister Manohar Parrikar, in a written reply tabled in the House, said "the expected loss on non-collection towards renewal of licence fees is estimated at Rs 200 lakh, while (the loss) on VAT collected on retail sale of liquor for consumption is expected to be Rs 500 lakh."
"The revenue from excise is used in public welfare and developmental schemes of the state. Banning liquor sale will indirectly promote illicit liquor sale and people will start purchasing from illegal sources which will adversely affect their health.
Of the 8,591 highway liquor shops affected by the Supreme Court order, 2,000 are yet to be relocated while 3,000 shop owners have surrendered their liquor licences, said UP Excise Minister Jai Pratap Singh.
The apex court said the purpose of its ban was to ensure high speeding vehicles on highways don't have drivers under influence of liquor. "There are no such issues when the roads are within the city," said the court. It added that denotifying such roads as highways may have intelligible differentia.
The Punjab Assembly today passed a Bill to enable hotels, restaurants and other notified places near highways in the state to supply alcohol.
The matter was mentioned before a vacation bench of Justices R K Agrawal and Deepak Gupta which said the plea would be heard after the summer vacation in July.
A vacation bench comprising Justices Ashok Bhushan and Deepak Gupta passed the order on the application in which the manufacturers had contended that the apex court's May 29 order spoke about time to destroy the stock but it did not indicate anything about its "export" outside the state.
The company, which reported revenue of Rs 1,561.72 crore in the previous fiscal year, in an investor presentation said there is big opportunity for growth of players like Pincon Spirits as large liquor companies are vacating low-priced segment focus on premiumisation.
"Liquor and real estate lobbies have succeeded to intervene in the GST. Without any hesitation, I can say that these two sectors have been kept out of the GST because political leadership and influential people are conventionally indulged in real estate," Sisodia said.
Earlier, the court had extended till May 31 the deadline of April 30 for disposing of old stocks, including raw material, fixed by the Nitish Kumar government which had imposed a ban on liquor in the state from April one last year.
A vacation bench headed by Justice A K Sikri considered the submission of the Confederation of Indian Alcoholic Beverage Companies that they are facing huge economic loss in view of the ban imposed in the state on sale of alcoholic beverages.
"We feel or our Indian team feels that especially the first half of the year will be hit the most due to the combination of closing, relocating and destocking as a consequence of that," said Carlsberg CEO Cees 't Hart at an investor call last week
"Consequent to imposition of total prohibition effective April, 2017, commercial production at the company's brewery located at Naubatpur, District Patna has been discontinued," United Breweries Ltd (UBL) said in a regulatory filing.
A bench of Justice N Kirubakaran and Justice V Parthiban restrained the government from relocating liquor shops to residential areas saying the sentiments of people, mostly women, agitating on the issue should be accorded paramount importance as they were the victims of liquor.
Pernod, the world's second-biggest spirits group after Britain's Diageo, kept its profit outlook unchanged and achieved some robust quarterly growth in the United States and in Europe.