Summary:
Beer brewed at micro-breweries will also be expensive as the CM plans to increase excise duty from Rs 5 to Rs 10 per bulk litre. In his budget, Kumaraswamy, who had hiked AED on Indian made liquor (IML) across price slabs last year, proposed to hike AED on beer from 150% to 175%. BENGALURU: Drinkers will have to pay more for a bottle of beer as the chief minister has proposed a hike in additional excise duty (AED). “The duty hike benefits the government exchequer, while the industry is left high and dry.” If AED is hiked to 175% (Rs 80.5), the selling price will be Rs 136.5.Kumaraswamy also proposed a stiff hike in AED on draught beer — from 115% to 150%..