New Delhi, March 7 – The alcoholic beverage industry has given mixed reactions to Karnataka's sweeping excise reforms. Indian-made foreign liquor (IMFL) manufacturers have expressed caution about the proposed alcohol-in-beverage (AIB)-based duty structure, while beer manufacturers have hailed...
alcoholcontenttaxationalcohol-in-beverage duty
alcoholic beverage tax
beer taxation
brewers' association of india (bai)
ciabc (confederation of indian alcoholic beverage companies)
ease of doing business
excise duty
imfl (indian-made foreign liquor)
international spirits and wines association of india (iswai)
karnataka liquor reforms
premiumization
pricing deregulation
revenue target
tax structure
Bengaluru, March 7 – Karnataka Chief Minister Siddaramaiah announced sweeping reforms in the state’s liquor taxation and regulatory framework on Friday, including the introduction of a new alcohol-based duty structure, deregulation of price fixation, and technology-driven monitoring systems.He...