Here is a bad news for Mandhu Babus in Andhra Pradesh. The state government has decided to hike the prices of beer and Foreign Liquor. This decision was pending for a long time since the United State.
This price hike will increase beer rate by 10 Rupees per bottle. The assessment fee on Foreign is also being increased. It will also bring excess revenue for the cash strapped state in the form of excise duty.
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The official order regarding this is already let out by the excise department. Andhra Pradesh government may have to increase few taxes to aide the falling finances
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