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Karnataka government to increase the excise duty on “strong beer” rates
3 months, 1 week ago

Karnataka government to increase the excise duty on “strong beer” rates

The Hindu  

Beer drinkers could end up paying higher rates for their favourite beverage as the Karnataka government is readying to increase the excise duty on “strong beer”, even as it is coming up with a new definition of “beer”. Classification Proposing classification of beer with 6.5% to 8% alcohol content from the current category of two to three, the excise duty …

Government Karnataka Alcohol Duty Beer Content State
AP Rationalises Liquor Price by Levying Taxes
1 year, 1 month ago

AP Rationalises Liquor Price by Levying Taxes

Deccan Chronicle  

VIJAYAWADA: The state government has rationalised various taxes and special margin on liquor resulting in a price hike of some brands as part of its policy to reduce consumption of liquor in the state. Accordingly, it levied taxes on Indian Made Foreign Liquor brands with the basic price up to Rs 2,500 and the percentage of additional retail excise tax …

Imfl Special Margin Basic Price Various Taxes Liquor Price Levying Taxes
Excise duty hike in Karnataka would lead to downtrading, say liquor makers
1 year, 5 months ago

Excise duty hike in Karnataka would lead to downtrading, say liquor makers

Hindustan Times  

Liquor manufacturers on Friday raised concerns about the Karnataka government hiking tax on Indian made foreign liquor, saying the move will increase consumer prices and adversely hit sales. Excise duty hike in Karnataka would lead to downtrading, say liquor makers The newly-elected Karnataka government on Friday presented its budget for 2023-2024. Chief Minister Siddaramaiah, in his budget speech, announced a …

India Karnataka Indian Liquor State Increase Consumer Prices
Indian made foreign liquor to get dearer in Chandigarh
3 years, 9 months ago

Indian made foreign liquor to get dearer in Chandigarh

Hindustan Times  

Come April, the Indian made foreign liquor is set to cost at least 10% more, while prices of beer and wine are unlikely to increase. The hike in duty, market experts say, will inflate the prices of popular liquor brands by 10% to 12%. In the excise policy 2021-2022 announced on Wednesday, the UT administration has decided to keep the …

Policy Liquor Beer Excise Parida Imfl