Additional excise levy leaves Mumbai dry

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According to an Indian Express article, Mumbai appears to be really suffering from the changes in the taxation structure for wine. The 150-200 percent tax is pushing up the prices of the big brands while the government officials say that it is leveling the playing field. Under the new rules, the hotels must pay 150 percent of the bottle’s assessed value which can translate into duty of as much as Rs. 7,000 per bottle. The net result – hotels and restaurants aren’t carrying as much wine as they used to and the wine enthusiast is left with fewer choices. In fact, rumor has it that hotels have slashed their wine lists down to 50 bottles from the normal 200 bottles on their menus.

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