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HomeRecent NewsKarnataka Govt. earns excise revenue of ₹14,653 cr. in...

Karnataka Govt. earns excise revenue of ₹14,653 cr. in first half of current fiscal

The State government’s excise revenue during the first half of the current financial year (2022-23) stood at ₹14,653.81 crore, an increase by 18.21% compared to the previous year (2021-22).

The State earned revenue of ₹12,396.07 crore during the first six months of 2021-22, according to data provided by the Excise Department. During April-September 2022, revenue earned from sales of liquor and beer was 50.53% of the targeted revenue of ₹29,000 crore for the financial year 2022-23.

The figures for Indian Made Liquor (IML) show that sales increased to 339.49 lakh carton boxes (CBs) during April-September this year against 314.99 lakh carton boxes during the same period last year, an increase of 24.50%.

Beer sale

A total of 183.96 CBs of beer was sold during April-September this year against 110.35 CBs during the same period last year, an increase of 73.61%.

The above news was originally posted on www.thehindu.com

Aabkari Times Editorial Teamhttps://aabkaritimes.com
Aabkari Times is a monthly news magazine on Liquor, Excise and Alcohol allied industry; being published since 2009 by the expertise of retired excise dept. associates and alco-bev industry professionals as our editorial team. Our magazine contains different new alco-bev strategic and new brand launch articles as well as news on recent govt. policies, trends on alcohol industry and other important data relevant to the distilleries and industry at the mass.

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