Beer is a significant contributor to Nepal’s excise duty revenue | Kathmandu Tribune

The manufacture of products which have a unfavorable influence on well being in Nepal is topic to excise cost. The contribution of beer to such excise responsibility has been proven to be the biggest. The federal government was in a position to elevate 1 trillion, 3 billion rupees in inner earnings for the fiscal yr 2078–1979, in line with the Division of Inner Income. the place beer has made probably the most contribution. Beer has generated excise tax income this yr of 31 billion rupees. 30.09 % of the excise responsibility income was collected on this manner.

30.41 billion rupees excise earnings has been generated from alcohol. This accounts for 29.52% of the full quantity of excise responsibility income. In a single yr, tobacco product excise responsibility was collected to the tune of 24.56 billion rupees. This accounts for 23.84 % of all excise responsibility income.16.55 % of the full is made up of different industrial gadgets. Utilizing departmental statistics, it may be seen that this stuff generated 17.5 billion in gross sales in a single yr.