Govt notification on auctioning of excise licences likely next week

'There may be marginal increase in Additional Excise Duty which would result in a price push by ₹10 to ₹15 for 180 ml in lowest slabs'

- BALA CHAUHAN @Bengaluru

THE Karnataka government is likely to issue notification on the proposed auctioning of unused CL-2 (retail liquor shops), CL-9 (bars & restaurants) and 11-C (government-owned Mysore Sales International Limited retail outlets) licences next week, informed sources told The New Indian Express.

Chief Minister Siddaramaiah, in his budget on March 7, had announced the proposal to "allocate unused liquor licenses through a transparent electronic auction, which is expected to aid in additional resource mobilisation to the state."