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Tasmac revenue via excise, VAT up by ₹2.4K cr: Balaji

The New Indian Express Vellore

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April 23, 2025

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- EXPRESS NEWS SERVICE @ Chennai

THE revenue earned by Tasmac through excise duty and Value Added Tax increased by ₹2,483.30 crore to touch ₹48,344 crore in 2024-25, compared to ₹45,855.70 crore in 2023-24, according to the policy note tabled in the Assembly by Electricity, Prohibition and Excise Minister V Senthil Balaji on Tuesday.

Officials said the increase in revenue is contributed by the upward revision liquor prices last year, including an increase in excise duty. In the revenue ₹37,323 crore came from VAT and ₹11,020 crore from excise. The policy note said the figures for 2024-25 is subject to reconciliation.

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