Quick Answer: What is the alcohol tax in Singapore?

Why is alcohol so expensive in Singapore?

Quoting Export.gov, a US government website aimed at helping US companies with its overseas export, Singapore has high excise taxes on alcohol due to social and/or environmental reasons. This indicates that all alcohol imports to Singapore are taxed heavily.

How much is beer tax in Singapore?

Based on Singapore’s customs website, the excise duty rate varies for beer and wine. The beer excise tax is $60 per litre while other spirits carry a wine excise tax of $88 per litre. Regardless of the ABV, alcoholic strength or type of alcohol, these duties and taxes remain the same.

What tax is placed on alcohol?

Customers in California pay an extra $3.30 a gallon excise tax. But if the spirit is over 50% alcohol, the tax doubles to $6.60. So the combined total is $16.80 or $20.10. For beer and wine the rate is 20 cents per gallon.

Is Singapore expensive for alcohol?

In 2020, the average retail price for six 330ml cans of beer in Singapore was at 15.61 Singapore dollars. Alcohol and tobacco are heavily taxed in Singapore, making it one of the most expensive countries in the world for both products.

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How much is Singapore custom tax?

Singaporeans love to travel and shop online… All goods brought into Singapore are subject to Goods and Services Tax (GST) at the prevailing rate of 7% on the value of goods, which may include the cost, insurance and freight (CIF) plus other chargeable costs and the duty payable (if applicable).

How much is import duty in Singapore?

Usually, all goods in Singapore, including all imports, are subject to a 7% GST. However, there are exceptions, such as if goods are transiting in a free trade zone or the total value is less than SG$400.

How much is duty on alcohol into Canada?

– Border Levy: Wine: 39.6% of the retail price + import duty + excise tax. Spirits: 59.9% of the retail price + import duty + excise tax. Beer: $0.676/litre.

What is the import duty on alcohol in India?

40.8% Custom Duty on Liquor in India Import After GST.