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Aug 23, 2014
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Extra 5% cess on IMFL levied in Kerala
Following the Kerala government’s decision to head for prohibition, state Chief Minister Oommen Chandy on Friday said an additional five per cent cess will be levied on all Indian Made Foreign Liquor (IMFL) brands. And the money raised will be utilised for rehabilitation of workers of bars and Beverages Corporation outlets and for a campaign against consumption of alcohol.Chandy said all the 312 bars, functioning at present, will be closed in this calendar year. There are no legal constraints in this, as these establishments were given licences on a temporary basis.
Source -
http://www.business-standard.com
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