The ruling administration of Prime Minister Dickon Mitchell today received Parliamentary approval to amend the schedule that will increase alcohol and tobacco products as of the 1st of next month.
The Excise tax amendment will increase the wholesale and retail price of most alcoholic products, including beer, wine, whisky, rum, brandy, vodka, gin and liqueur as well as all tobacco products including cigars, cheroots and cigarettes.
The excise tax on alcohol will move from $1.10 and $4.40 per litre to $1.50 and $5 per litre respectively and an increase on the excise tax on cigarettes from 105% to 200%.
The Government parliamentarians gave reason for the necessity of the increase.
Opposition leader Dr. Keith Mitchell said he could not support the bill at this time, because he doesn’t believe it will work.
The motion was also approved in the Senate at a meeting on Friday.
