Karnataka government increases excise duty, causing liquor prices to rise from July 20. Beer faces a 10% tax hike, while Indian-made liquors see an increase of Rs 20 per peg. Popular brands like Haywards Punch and Budweiser are among those affected.
The Karnataka government had recently raised the excise duty by 20 per cent in their 2023-24 budget, resulting in updated prices for liquor that will come into effect from July 20. This decision affects various categories of alcohol, including whisky, rum, brandy, gin and others. Indian-made liquor brands will be impacted by the government's announcement.
The revised prices will lead to an increase in the cost of liquor starting from July 20. The government has issued a notification, inviting objections to be submitted within seven days.
Karnataka Budget 2023: Liquor prices rise; Excise duty increased by 20%
Beer will face a 10 per cent tax hike, while Indian-made liquors (IML) will see an increase of Rs 20 per peg (60ml). Beer prices are expected to rise between Rs 3 and Rs 5.
Here are the revised prices for some of the popular brands:
Haywards Punch: Current price - Rs. 70, Revised price - Rs. 80
Budweiser: Current price - Rs. 220, Revised price - Rs. 240
Kingfisher Premium: Current price - Rs. 170, Revised price - Rs. 190
Bagpiper whisky: Current price - Rs. 106, Revised price - Rs. 120
Black and White whisky: Current price - Rs. 2464, Revised price - Rs. 2800
Old Monk rum: Current price - Rs. 137, Revised price - Rs. 155
Mansion House brandy: Current price - Rs. 220, Revised price - Rs. 240
McDowell's brandy: Current price - Rs. 170, Revised price - Rs. 190
Imperial Blue whisky: Current price - Rs. 220, Revised price - Rs. 240
Old Tower whiskey: Current price - Rs. 87, Revised price - Rs. 100
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Johnnie Walker Black Label: Current price - Rs. 6,250, Revised price - Rs. 7,150
Chivas Regal: Current price - Rs. 6,250, Revised price - Rs. 7,000
Romanov vodka: Current price - Rs. 915, Revised price - Rs. 1,000
Magic Moments: Current price - Rs. 330, Revised price - Rs. 380