Customs and Excise Duty Rates on Whiskey, Rum, and Brandy Remain Unchanged

The government has decided to maintain most of the customs and excise duty rates on alcoholic beverages without significant changes for the upcoming fiscal year. According to the Fiscal Bill 2083, the excise duty for beer has been set at NPR 255 per liter, while wine is now liable for NPR 490 per liter. The excise duties on brandy, whiskey, and rum remain unchanged. Imported liquors will be subject to an 80% customs duty. (May 29, Kathmandu)

The government has opted not to make substantial changes to the customs and excise duty rates on alcoholic beverages for the next fiscal year. Through the Fiscal Bill 2083, there has been a slight increase in the excise duty on beer, but rates for other alcoholic products have been maintained. Specifically, excise duty on beer made from malt up to five percent alcohol content has been fixed at NPR 255 per liter.

Likewise, the same rate applies to beer with alcohol content exceeding five percent. Currently, the excise duty on such beer stands at NPR 240 per liter. For sparkling wine containing up to 12 percent alcohol, the excise duty is set at NPR 490 per liter, with the same rate applied to wine containing 12 to 17 percent alcohol. The government has increased the excise duty on wine by NPR 30, compared to NPR 460 in the current fiscal year.