Bengaluru: Apart from the locker earlier this year and extending night night, the government has received significant income from customs in liquor.
It collected Rs 12,305 Crore between April and September compared to Rs 9,765 Crore in the same period last year.
This represents a 26 percent increase.
This is also more than half a target of revenue from RS 24,580 Crore for current fiscal.
In September, the government obtained RS 2,081 Crore from the sale of 53 Carton boxes in Indian liquor and 22 boxes of Beer Lakh.
With the beginning of the festival season and the government’s relaxing hours of about an hour (up to 10 nights), income is likely to surge further in the coming quarter.
“There is usually a sharp increase in the sale of liquor in the October-December quarter because of the festival and early winter.
We hope the trend continues this year,” said an Executional Ministry official, adding that customs collection might exceed this year’s budget target with at least RS 1,000 crore.
Bar and restaurant owners in the technology capital have demanded that the government have to remove restrictions on timings so they can do business until 11:30 a.m.
“This will not only increase revenue for the government but also help us get extra through our food service.
At present, people don’t eat at the bar and restaurant because there are sidewalks.
The money we produce from serving liquor is not enough to sustain business, “The owner of the bar in Bengaluru.
There is no sale of liquor during national locking from March 23 to May 7 last year.
Then in May 2020, the state government allowed retail liquor stores to reopen and raise additional customs (AED) in all plate of liquor made in India to bring up additional income Rs 2,500 Crore.
It was the second increase in AED after being announced in the budget.
Moving Boomeranged as an economic slowdown has hit the power of people’s expenses.
“But now, the graph of income climbs, a sign that the economic recovery after the second wave is underway,” said an excise official.
No Covid Lull, Liquor Boosts Govt Revenue in Karnataka
