Business »  Topic »  Liquor sales decline up to 60% in May-June in states with high Corona cess: Report

Liquor sales decline up to 60% in May-June in states with high Corona cess: Report


While, states as Arunachal Pradesh, Meghalaya, Rajasthan, West Bengal, Kerala and Jharkhand, which had imposed a COVID-cess between 15-50 per cent reported an average decline of 34 per cent in sales.

States where up to 15% additional cess was imposed, witnessed only 16 per cent decline in May and June.

States which imposed more than 50 per cent COVID-cess on liquor after the resumption of retail trade post lockdown witnessed an average 59 per cent decline in sales in May and June due to higher tariffs, a report by trade association CIABC claimed. States as Delhi, Andhra Pradesh, Odisha, J&K ...


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