Exice duty on cigarettes, alcohol and beer increased.

Kathmandu, July 15 – Government has increased the excise duty on cigarettes, alcohol and beer. Presenting the budget for year 2070/71, finance minister Shankar prasad koirala  announced the rate of  the excise duty in these products.

 

The budget has increased the duty by 9 percent in cigarettes without filter, 12 percent in cigarettes with filter and 15 percent in premium brand of cigarettes.

 

Similarly, the excise duty in beer has been increased by 11 percent, while the duty in alcohol items has been increased from 10.5 percent to 15 percent, based on the brand and quality.

 

Aarthiknews