BHUBANESWAR: Setting its eye on larger excise earnings, the Odisha executive has framed its excise coverage 2018-19 with emphasis on attracting more top class brands.
Although the Indian Made Foreign Liquor (IMFL) can be costlier via Rs 5 to Rs 10 in all brands of 750ml bottle, the Foreign Made Foreign Liquor (FMFL-premium brands that come with mixed whiskies and scotch) can be a bit of less expensive.
“The coverage moves a balance between earnings technology and social accountability,” mentioned excise minister Sashi Bhushan Behera.
The state executive has projected within the 2018-19 funds excise earnings of Rs three,800 crore, which is around Rs 500 crore more than that of 2017-18 fiscal. This can be earned thru attracting top class emblem FMFL liquor, introducing composite label registration rate and extra rounding off license rate.
“If a bottle of liquor value Rs 495 after together with the price of landing, excise responsibility and license rate, then it's going to be rounded off as Rs 500. The last Rs 5 will go to executive exchequer,” mentioned an excise department legitimate.
Significantly, the government for a minimum of a year won't factor new licenses for international liquor shops (most effective selling kiosks) even if it's open to encouraging opening of type top class liquor shop at airports. The executive will charge an annual license rate of Rs 4 lakh at the type top class shops.
On the identical line, the government has additionally made up our minds to restrict “ON” (sale and use) shop in buying groceries complicated, department stores and rural spaces. If a shopping mall has a celebrity lodge, new liquor license can be issued,” read the coverage.
On the social front, the coverage has sought to put a ban on use of “rectified spirit” as the bottom of manufacturing liquor. Instead, it has requested the manufacturers of IMFL to use extra neutral alcohol, which is lighter compare to rectified spirit. “Use of rectified spirit has been done away with considering the well being of liquor shoppers within the state,” the coverage mentioned.
The executive rechristened country spirit shops as country liquor shops. These shops can be allowed to sell country-made liquor most effective.
The executive has cautioned the licensed the liquor shop owners towards the use of “sarkari shop’. They write “licensed international liquor shops”.
Although the Indian Made Foreign Liquor (IMFL) can be costlier via Rs 5 to Rs 10 in all brands of 750ml bottle, the Foreign Made Foreign Liquor (FMFL-premium brands that come with mixed whiskies and scotch) can be a bit of less expensive.
“The coverage moves a balance between earnings technology and social accountability,” mentioned excise minister Sashi Bhushan Behera.
The state executive has projected within the 2018-19 funds excise earnings of Rs three,800 crore, which is around Rs 500 crore more than that of 2017-18 fiscal. This can be earned thru attracting top class emblem FMFL liquor, introducing composite label registration rate and extra rounding off license rate.
“If a bottle of liquor value Rs 495 after together with the price of landing, excise responsibility and license rate, then it's going to be rounded off as Rs 500. The last Rs 5 will go to executive exchequer,” mentioned an excise department legitimate.
Significantly, the government for a minimum of a year won't factor new licenses for international liquor shops (most effective selling kiosks) even if it's open to encouraging opening of type top class liquor shop at airports. The executive will charge an annual license rate of Rs 4 lakh at the type top class shops.
On the identical line, the government has additionally made up our minds to restrict “ON” (sale and use) shop in buying groceries complicated, department stores and rural spaces. If a shopping mall has a celebrity lodge, new liquor license can be issued,” read the coverage.
On the social front, the coverage has sought to put a ban on use of “rectified spirit” as the bottom of manufacturing liquor. Instead, it has requested the manufacturers of IMFL to use extra neutral alcohol, which is lighter compare to rectified spirit. “Use of rectified spirit has been done away with considering the well being of liquor shoppers within the state,” the coverage mentioned.
The executive rechristened country spirit shops as country liquor shops. These shops can be allowed to sell country-made liquor most effective.
The executive has cautioned the licensed the liquor shop owners towards the use of “sarkari shop’. They write “licensed international liquor shops”.
Odisha govt to attract premium liquor brands to mop up excise revenue
![Odisha govt to attract premium liquor brands to mop up excise revenue]()
Reviewed by Kailash
on
March 31, 2018
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