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Alcohol sales go down – Illegal alcohol use goes up

By Sahan Rathanasekara

August 02, 2024

Excise Commissioner General MJ Gunasiri says that due to the increase in price, the sale of alcohol has decreased by 40% and the temptation of consumers to use illegal alcohol has increased.

Therefore, he has requested the liquor manufacturers to reduce the price of a bottle of liquor by one hundred rupees.

It was during a special meeting held yesterday (1) at the Excise Department with alcohol producers.

The Commissioner General of Excise points out that there is a possibility of reducing the price of alcohol as the price of a liter of ethanol has decreased to between 600-700 rupees.

But liquor manufacturers have pointed out that they are unable to reduce prices due to excise duty and taxes imposed on liquor manufacturing ingredients.