www.expressindia.com - Weather | Horoscope | Stocks | RSS
expressindia web city
HomeBlogsCricketAstrologyShoppingTendersClassifieds OpinionsTravel Jobs Hotels
| Make this your homepage | Archive
Expressindia » Story

New excise policy released, UT Administration increases annual licence fee for liquor vends

Font Size

Express news service

Posted: Jan 09, 2008 at 0000 hrs IST

Chandigarh, January 8 The Chandigarh Administration issued the new Excise Policy on Tuesday. The administration has increased the annual licence fee of wine and liquor stores from Rs 50,000 to Rs one lakh. Sources said the licence fee has been doubled due to increased sales following the introduction of more brands of imported liquor.

Officials clarified that though the price of liquor will not be changed, liquor at departmental stores may cost more.

The administration has not made any changes in the number of liquor vends and has retained last year’s ceiling on the maximum number of vends at 215 vends.

However, the mode of payment for procuring the licence has been altered. For companies, the mode of recovery of license fee has been fixed in lump sum. The companies will have to make the payment within 24 hours of the grant/renewal of license. For individual owners or other organisation, 50% of the license fee must be paid within 24 hours of the grant/renewal. The remaining amount must be paid by 31 st July, ‘08.

The administration has decided that new licences shall be granted on a first come first served basis in commercial areas of sectors, industrial areas, rehabilitation colonies and in already existing pucca structures.

The other changes made in the policy include:

1. To curb illegal sale of liquor, a new pack of 150ml size Nip with minimum selling price of Rs 10 for Country liquor and Rs 12 for IMFL has been introduced.

2. The Import fee has been fixed at a uniform rate of Rs 2 per proof liter for both Country Liquor and IMFL.

3. Six categories of IMFL 75 degree will be placed from next fiscal year. These include Cheap Brand, Economy Brand, Medium Brand, Premium Brand, Semi-Deluxe Brand, and Deluxe Brand categories. The categories are based on the per case price of the IMFL, with the cheap brands costing less than Rs 500 per case and the deluxe brand costing more than Rs 1800 per case.

4. The bar licensees of 5 Star Hotels and above category have been allowed to procure their requirement of liquor from authorised vendors outside UT on payment of additional fee.

Ads by Google
Discuss this story on expressindia forums
Post Comments
Name* Email ID*
Subject* Country*
Message*
Characters remaining
 
TERMS OF USE: The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).
I agree to the terms of use.

Latest News

Business

Showbiz

Sports

Ashok Chavan becomes new Maharashtra CM

India, Russia sign ‘milestone’ agreement on N cooperation

Petrol prices to be cut by Rs 5, diesel by Rs 2

Jayalalithaa joins hands with CPM for Lok Sabha polls

Marathi signboards issue: 'Is this a murder trial?'

Nariman House attack: 'My first thought was for baby'

PC admits to security lapses in Mumbai attacks

More
© 2008 Indian Express Newspapers (Mumbai) Ltd. All rights reserved
The Indian Express Group | Advertise With Us | Privacy Policy | Feedback | Work With Us | Site Map