84.75 Billion Revenue Collected From Cigarettes and Alcohol

In the past fiscal year, the Internal Revenue Department (IRD) of Nepal disclosed that the government amassed a revenue of Rs. 84.75 Billion from the sales of alcohol and cigarettes. The breakdown of this revenue includes Rs. 26.22 Billion from cigarettes, Rs. 25.92 Billion from alcohol, and Rs. 32.61 Billion from beer.

This revenue is generated through the imposition of excise duty on cigarettes and alcohol at customs points. In the previous year, the revenue from cigarettes, alcohol, and beer stood at Rs. 24.56 Billion, Rs. 30.41 Billion, and Rs. 31 Billion, respectively.

The excise duty on alcohol varies based on its alcohol content strength, ranging from Rs. 1,250 to Rs. 2,120 per liter. For unfiltered cigarettes, the excise duty is Rs. 730, while for filtered cigarettes, it spans from Rs. 1690 to Rs. 4080.