Since the promulgation of new Tobacco and Alcohol Administration Act in 2002, there are many private distilleries participated in alcohol industry. In order to improve the quality of alcoholic beverage, alcohol quality certification in Taiwan was implemented. This study used hedonic pricing method to investigate the price premium of alcohol quality certification for kaoliang liquor in Taiwan. By using box-cox transformation, we determine the pricing equation of kaoliang liquor. Our empirical results showed that the price premium for alcohol quality certification system is 10.72 NTD per 100 ml. In addition, price premiums for attributes of storage periods more than 3 years and between one and three years are 31.13 NTD and 5.9 NTD per 100 ml respectively. The attribute of package design has price premium 27.83 NTD. Finally, the results indicated that there are price premiums for brand names.