The Ministry of Finance says that the casino and excise license fees have been increased with immediate effect. The ministry has said that the annual excise license fees have been increased with effect from January 12.
Accordingly, the relevant gazette announcement states that the casino license fee for applicants with a minimum investment of 250 million dollars is 10 billion rupees. It is also mentioned that the distillery license fee has been increased to 25 million rupees, except for palm alcohol, and the license fee for palm alcohol distillery has been increased to 5 million rupees.
Also, it is further stated that the casino license fee for a project of 500 million dollars is 5 billion rupees. It is said that the license for bottling of ra has been increased to 10 million rupees, and the license for the vinegar factory has also been increased to 2.5 million rupees.
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