Excise duty is also known as

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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INCREASE IN TAX ON
ALCOH OL AND TOBACCO
Specific excise duty on alcohelle bever ges and tobacco products will increase
by 8%
INCREASES WIT
MOUT BEER
14c per 340ml can
UNFORTIFIED WNE
56e per 7 50mi bottle
FORTIFIED WINE
44c per 750ml bottle
SPARKLING WINE
86c per 750ml bottle
APPLE BEER AND ALCOHOLIC FRUIT DRINKS
14c per 840ml can
STRONG BEVERAGE/ORINKS
RS,50 per 750ml bottle
1
Excise duty is also known as
2 In your opinion, do you think it was the right decision to increase excise taxes?
Motivate your answer.
Transcribed Image Text:INCREASE IN TAX ON ALCOH OL AND TOBACCO Specific excise duty on alcohelle bever ges and tobacco products will increase by 8% INCREASES WIT MOUT BEER 14c per 340ml can UNFORTIFIED WNE 56e per 7 50mi bottle FORTIFIED WINE 44c per 750ml bottle SPARKLING WINE 86c per 750ml bottle APPLE BEER AND ALCOHOLIC FRUIT DRINKS 14c per 840ml can STRONG BEVERAGE/ORINKS RS,50 per 750ml bottle 1 Excise duty is also known as 2 In your opinion, do you think it was the right decision to increase excise taxes? Motivate your answer.
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