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Taxation Goa Ministry of Finance Goa Goods and Services Tax Act, 2017

Amendment in the computation of maximum retail price (MRP)/Volume

26-Apr-2023 | 2/4/2023-Fin(R&C)/3388

The Government of Goa has amended the Circular dated 11th May 2020 fixing the rates of excise duty, license fee, tree tax, permit fee, import fee, application fee, processing fee, fee for transfer or shifting of license, and fee for recording of the label. By virtue of this circular, the computation of the maximum retail price (MRP)/Volume shall be: 1. In the case of Indian Made Foreign Liquor/Foreign Liquor, whose strength is below 80 U.P., Wine and Country Liquor, the excise duty, fee, and Label recording fee in the standard manner of 60 ml., 90 ml., 180 ml., 375 ml. and above 750 ml. shall be equated to 750 ml.; 2. In case of Indian Made Foreign Liquor/Foreign Liquor whose strength is above 80 U.P., 200 ml., 250 ml. and above 275 ml. shall be equated to 275 ml.; 3. In the case of Beer, 325 ml., 330 ml., 500 ml; and above 650 ml. shall be equated to 650 ml. Further, the maximum retail price for each volume (pack size) in any of the categories of Indian Made Foreign Liquor, Foreign Liquor, Wine, and Beer, shall be determined for individual volume (pack size).

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