The price of liquor will go up when the Bill is signed by the Governor after it is passed by the Assembly. The prevailing rate of tax on liquor is 247%. This will go up to 251%.
The govt decided to waive the sales tax on liquor manufactured in the state. The retail price is being increased to offset the annual loss of Rs 150 crore caused by the tax waiver.
The shortage is so acute that 71 BEVCO outlets have stock of only beer and wine if the high-end liquor brands are excluded.
The committee was appointed to study the issue after liquor companies cut their production citing rising input costs and the majority of distilleries in Kerala closed down.
The liquor cases, containing 1,440 litres of alcohol, were being transported in the vehicle by hiding it under coconuts.
Instead of Bevco lodging a complaint, the affected outlets are proceeding with the cases.
When former finance minister TM Thomas Isaac put the combined revenue from liquor and lottery at 13% of state's revenue receipts, he included central transfers too.
Ex-finance minister has asked from which WhatsApp University the Governor learned that liquor and lottery were Kerala's major sources of income.
The Bevco outlet in Kollam's Asramam topped the charts, selling liquor worth Rs 1.06 crore.
The higher officials have given oral directions to BEVCO and Consumerfed retail outlets to stock up on relatively higher-priced IMFL bottles.