K’taka rakes Rs 45 cr from liquor on day 1, prices to go up - Bhaskar Live

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Tuesday, May 5, 2020

K’taka rakes Rs 45 cr from liquor on day 1, prices to go up

Upbeat over the surge in sales on the first day of liquor shops reopening after 40 days of lockdown, prices of all brands would cost more in Karnataka when new stocks arrive, state Excise Minister H. Nagesh said on Monday.
“All liquor brands will cost more from next week when new stocks arrive for sales, as the 6 percent increase in additional excise duty (AED) will be added to their maximum retail price,” Nagesh told reporters here, even as thousands of tipplers thronged hundreds of wine shops across the southern state for a bottle of beer, whiskey, brandy or gin.

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