Karnataka’s Excise Shift: Deconstructing the H1 Revenue Surge, Beer Boom, and the Complexities of Non-GST Taxation
Karnataka's transition to an alcohol-in-beverage (AIB) excise model has triggered a 41% surge in beer volumes, while overall revenues hit ₹22,192 crore. We analyze the fiscal impacts, state excise structures, and the cascading tax challenges faced by the liquor industry.