Booze bonanza in Gurgaon as prices decrease | india | Hindustan Times
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Booze bonanza in Gurgaon as prices decrease

india Updated: Mar 31, 2009 00:39 IST
Sanjeev K Ahuja
Sanjeev K Ahuja
Hindustan Times
Highlight Story

Old and Current price
Teacher’s 50 and Black Dog Scotch
Rs 1,000 Current price
Rs 1,400 Earlier price

Teacher’s Highland and 100 Pipers
Rs 700 Current price
Rs 1,000Earlier price

Bacchus lovers in Gurgaon are having a gala time these days but the bad news is that it is going to last just one more day.

In a bid to clear stocks before March 31, a majority of liquor vend owners in this satellite town, as elsewhere in Haryana, have slashed rates of various Indian Made Foreign Liquor (IMFL) brands by 30-40 per cent.

“It’s a part of their annual stock clearance exercise,” said Ramesh Khurana, director of Scot Yard company that has 36 vends in Gurgaon.

The annual sale licence of all individual liquor vend expires on March 31 every year. Before this vends owners have to clear their stock. “So, they are trying to exhaust their stocks by selling liquor at around the minimum sales price in Haryana,” said RBS Tewatia, Deputy Excise & Taxation Commissioner.

However, Indian Foreign Liquors (IFL) are being sold at their original rates.

IMFL brands such as Teacher’s 50 and Black Dog Scotch are being sold at Rs 1,000 as against the normal selling price of Rs 1,400, Teacher’s Highland and 100 Pipers at Rs 700 against Rs 1,000 and Vat 69 at Rs 600 as against Rs 740.

However, some liquor vends such as Galleria Market in DLF Phase IV have not offered any discounts on IMFL.

In majority of the Gurgaon vends, brands like Blender’s Pride, Antiquity, Single Malt, Signature, Peter Scot, Bacardi and Royal Challenge are being sold at Rs 300 as against their earlier price of Rs 450.