Alcohol producers in Bengaluru want Karnataka’s government to revisit proposed excise duty rules. They fear an AIB (alcohol-in-beverage) based structure could mirror a European model and worsen pricing outcomes. While the plan reduces pricing slabs, distillers worry duty hikes in lower slabs may raise costs for entry-level products, and are urging moderation.
The government’s decision to cut excise duty on petrol and diesel has sparked expectations that windfall taxes on fuel exports will plug the revenue gap. But the simple arithmetic doesn’t back that optimism. With crude-price volatility still in play, the balancing act may fall short if costs rise faster than export-related gains.
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