Soon, beer to get costly in K’taka as HDK govt increases excise duty
Team Udayavani, Feb 9, 2019, 4:29 AM IST
Bengaluru: Beer and low alcoholic beverages will cost more from April 1 as the state budget 2019-2020 presented by Karnataka Chief Minister H D Kumaraswamy Friday proposed to increase additional excise duty on beverages.
“I propose to increase additional excise duty on Beer from 150 per cent to 175 per cent, additional excise duty on draught beer from 115 per cent to 150 per cent, excise duty on beer manufactured in Micro Brewery from existing Rs 5 per Bulk litre (BL) to Rs 10 per BL, and additional excise duty from existing Rs 12.50 per BL to Rs 25 per BL,” Kumaraswamy said.
“I also propose to increase excise duty on Low Alcoholic Beverages (LAB) from existing Rs 5 per BL to Rs 10 per BL and additional excise duty from 122 per cent to 150 percent,” he added.
Kumaraswamy, who holds the finance portfolio, presented his government’s second budget, amid high octanepolitical drama that saw the opposition BJP boycotting it.
The government which plans to achieve the target of Rs 20,950 crore fixed for excise department for fiscal 2019-20, has proposed to increase excise duty on beer.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
K’taka govt contemplating to extend Metro Rail up to Hoskote, Nelamangala and Bidadi: Shivakumar
No transfer without my approval, CM Siddaramaiah tells officials
Assembly clears Mysuru Development Authority Bill
Boy critically injured after tree branch falls on him in Bengaluru
Four dead in road accident in Kolar
MUST WATCH
Latest Additions
Mumbai Ferry tragedy: Never witnessed such horrific event, say rescuers
Revised flight duty norms to be implemented from Jun 2025: IndiGo, AI tell DGCA
K’taka govt contemplating to extend Metro Rail up to Hoskote, Nelamangala and Bidadi: Shivakumar
Mumbai boat accident: PM Modi announces Rs 2 lakh ex-gratia to kin of deceased
No transfer without my approval, CM Siddaramaiah tells officials
Thanks for visiting Udayavani
You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.