KATHMANDU, SEP 03 -
Liquor manufacturers have complained that hiking the excise duty on liquor on a yearly basis has seriously harmed the country’s liquor industry. Stakeholders said at a programme organised by liquor manufacturers that the government was apathetic to the sector which was a big contributor to the country’s economy.
“The government’s way of looking at the liquor industry is fully negative. This has promoted manufacturing of counterfeit and home made alcoholic beverages,” said Ravi KC, president of the Nepal Liquor Manufacturers Association (NELMA).
KC added that the government should ban the export of molasses, one of the raw materials used in liquor production. “Molasses is being exported to India in large quantities,” he said. “Due to this practice, domestic manufacturers are compelled to buy spirit made in India from Nepali molasses at a higher cost.”
Liquor manufacturers have complained that hiking the excise duty on liquor on a yearly basis has seriously harmed the country’s liquor industry. Stakeholders said at a programme organised by liquor manufacturers that the government was apathetic to the sector which was a big contributor to the country’s economy.
“The government’s way of looking at the liquor industry is fully negative. This has promoted manufacturing of counterfeit and home made alcoholic beverages,” said Ravi KC, president of the Nepal Liquor Manufacturers Association (NELMA).
KC added that the government should ban the export of molasses, one of the raw materials used in liquor production. “Molasses is being exported to India in large quantities,” he said. “Due to this practice, domestic manufacturers are compelled to buy spirit made in India from Nepali molasses at a higher cost.”
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