The state earned lower excise duty revenues from alcohol than anticipated last year, although consumption has not dropped.

On Monday, the Riigikogu voted to pass a bill, raising excise duties on alcohol and tobacco products, ahead of its second reading. 57 Riigikogu members voted in favor of adopting the Alcohol, Tobacco, ...

Excise duty is an indirect tax. That means the tax amount is included as part of the selling price. Excise duty, also known as excise tax, is ultimately passed on and paid by the consumer when he ...

Life will get a little more expensive from May as the excise duties on electricity, diesel, natural gas and fuel oil going up will add 0.07 percentage points to general price advance. Starting in May, ...

United Spirits received a favourable CESTAT order, relating to FY1997-2005. The tribunal upheld the company’s valuation methodology and ruled that royalties from Contract Bottling Units have no ...