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IMFL sale falls by 7.36%
Updated On: 24 April, 2012 08:47 AM IST | | Sandip Kolhatkar
Hiked excise duty makes Indian Made Foreign Liquor costly affair; tipplers switching over to more affordable brands
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There were fewer ‘cheers’ across the entire district for the 2011-12 financial year as the Indian Made Foreign Liquor (IMFL) sale has taken a hit.
The State Excise Department admitted that the sole reason for the dip in sales is the hiked excise duty on IMFL. As per the excise department statistics, sale figures for the bygone fiscal year have gone down by 7.36 per cent.
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