The Karnataka government announced a 20% increase in liquor prices in their recent budget. The updated prices were implemented immediately, resulting in some bars and restaurants charging extra from Thursday afternoon. Various popular liquor brands saw price hikes due to increased excise duty across 18 slabs.
Karnataka government had announced that the liquor prices will be increased by a margin of 20%, in their recent budget. Well, the news is that the liquor will be sold at the updated price from Friday.
Chief Minister Siddaramaiah announced that the Excise duty will be increased and it will be applicable from today. This move of the government is to compensate the schemes announced for the welfare of the people.
Karnataka: Liquor prices to go up from July 20; check the revised rates
The newly updated prices will be implemented from Thursday night itself. Yet, there have been reports of most of the Bars and restaurants collecting extra amounts from the public from Thursday afternoon itself.
The government, in their recent budget, had announced that the prices of Brandy, Whisky, Gin, Rum and other Indian Made Liquors (IML) will be affected by a 20% hike and beer with a 10% increase. The IML liquors will be increased by 10-20%, as per reports.
The excise duty has been increased for all 18 slabs.
Karnataka Budget 2023: Increase in liquor excise duty, strong measures against moral policing
If a crate costs Rs 450, then the excise duty will be around Rs 215. If the crate price is between Rs 450-Rs 499, it will be taxed at Rs Rs 294. For crates priced between Rs 500 and Rs 549 will be taxed at Rs 386, and the 18 slabs will be affected by the same increase in prices.
Here are the revised prices for some of the popular brands:
Haywards Punch: Old price - Rs. 70, Revised price - Rs. 80
Budweiser: Old price - Rs. 220, Revised price - Rs. 240
Kingfisher Premium: Old price - Rs. 170, Revised price - Rs. 190
Bagpiper whisky: Old price - Rs. 106, Revised price - Rs. 120
Black and White whisky: Old price - Rs. 2464, Revised price - Rs. 2800
Old Monk rum: Old price - Rs. 137, Revised price - Rs. 155
Mansion House brandy: Old price - Rs. 220, Revised price - Rs. 240
McDowell's brandy: Old price - Rs. 170, Revised price - Rs. 190
Imperial Blue whisky: Old price - Rs. 220, Revised price - Rs. 240
Old Tower whiskey: Old price - Rs. 87, Revised price - Rs. 100
Johnnie Walker Black Label: Old price - Rs. 6,250, Revised price - Rs. 7,150
Chivas Regal: Old price - Rs. 6,250, Revised price - Rs. 7,000
Romanov vodka: Old price - Rs. 915, Revised price - Rs. 1,000
Magic Moments: Old price - Rs. 330, Revised price - Rs. 380