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Liquor industry associations Confederation of Indian Alcoholic Beverage Companies (CIABC) and International Spirits and Wines Association of India (ISWAI) said with this AED, Karnataka would become the most expensive state for spirits in India.
(This story has not been edited by THE WEEK and is auto-generated from a PTI
Chief Minister Siddaramaiah, in his budget speech, announced a 20 per cent hike in existing rates of additional excise duty (AED) on IMFL in all 18 slabs. | Bengaluru News
Department of Environment and Natural Resources (DENR) Secretary Antonia Loyzaga (4th from left) spoke at the Asian Development Bank’s (ADB) panel discussion,
Diageo, which owns brands like Johnnie Walker, Black & White, Smirnoff and Vat 69, has welcomed the move as it will make liquor brands ‘accessible for consumers in Maharashtra’.