In Reply to: Prepare for Alcohol price hikes posted by Putu_Les on Tuesday, 23. March 2010 at 16:24 Bali Time:
It can only happen in Indonesia,The jakarta Globe reported on 16/03/2010 that the government will be scrapping the luxury goods tax from 01/04/2010. It also stated the tax ranges from 40% to 150% depending on the alcohol strength.
In saying this the current import duty and taxes could be as much as 500% and they cannot say if there will be a reduction in costs when it is passed on to the consumer after April 1st. go figure....