Karnataka becomes India's first state to adopt an Alcohol-in-Beverage excise duty structure. This new policy, effective May 11, deregulates government-administered price fixation. Producers now set prices based on market factors and alcohol content within eight rationalized slabs. The aim is to offer consumers cheaper liquor and maintain competitive prices with neighboring states.

Karnataka's new liquor tax framework aims to boost premiumisation and affordability while impacting low-cost alcohol prices.

The excise department said the new tax structure aims to rationalise liquor prices, make alcohol cheaper and align rates with neighbouring states. | India News

Karnataka becomes India's first state to adopt an Alcohol-in-Beverage excise duty structure. This new policy, effective May 11, deregulates government-administered price fixation.…