Despite lockdown, Karnataka records high excise revenue
Updated:
Updated:
June 01, 2021 23:55 IST
₹3,650 crore collected in April and May, against ₹1,404 crore last year in the 2 months
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₹3,650 crore collected in April and May, against ₹1,404 crore last year in the 2 months
The State, even while in the grip of COVID-19, has reported higher excise revenue collections over the last two months compared to the corresponding period in the previous year.
This comes despite the sale of beer falling steeply and the Indian Made Liquor (IML) sales falling marginally in May, when lockdown was in place.
Coming amid complaints of poor sale by the liquor industry, the figures show that the excise revenue of ₹3,650 crore has been collected this year in April and May against ₹1,404.08 crore collected last year in the same months.