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Tuesday, May 28, 2024
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Excise target to touch Rs 30,000 crore in Karnataka, says minister

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Karnataka’s excise revenue has touched Rs 19,244 crore so far and the government expects to reach Rs 30,000 crore by the end of the current fiscal, exceeding the target fixed.

“During the same period last year, the excise revenue was Rs 16,641 crore. Comparatively, excise revenue has increased by Rs 2,603 crore this time,” Excise Minister K Gopalaiah said.

Chief Minister Basavaraj Bommai has fixed Rs 29,000 crore as the excise revenue target for 2022-23 fiscal.

“We expect to breach the target with an additional Rs 1,000 crore,” Gopalaiah said. “Between December and March, revenues will be more. Over the next four months, we will collect Rs 10,000 crore,” he explained.

Asked about issuing new liquor licences, Gopalaiah said there was no proposal before the government. “So, the question of giving licences doesn’t arise,” he said. Karnataka has not issued new CL-2 (retail shops) and CL-9 (bar and restaurant) liquor licences since 1992. “Anyway, we have curbed bootlegging and illicit liquor,” the minister said.

Gopalaiah said permission has been granted to set up 24 new check posts in the state’s border areas. “This will help regulate the smuggling of liquor from neighbouring states. The state will also get revenue from this,” he said.

At present, there are 16 check posts and the new ones will take the tally to 40. “Checkposts of the commercial taxes department will be used as excise check posts. For the new 24 check posts, 24 excise inspectors, 24 sub-inspectors and 163 constables will be appointed. Vigilance will be heightened across the borders,” Gopalaiah said.

The above news was originally posted on news.google.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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