CHANDIGARH: The costs of top rate brands of whisky are all set to increase in Chandigarh through 20 to 25 p.c. However, underneath the brand new excise policy 2019-20 launched through Chandigarh Administration on Friday, the rates of beer and wine, will remain unchanged and rates of beer at microbrewery will go down.
Meanwhile, regardless of the hike, the prices of liquor in Chandigarh will still be cheaper in comparison to neighbouring states Punjab and Haryana.
The new policy will come into force from April 1.
Sat Pal, President, Chandigarh wine traders association, said the real pricing will be fixed once the vends will be allocated to liquor vend homeowners thru public sale through Chandigarh Administration.
But he clarified that as excise levy on IMFL larger through 20%, the promoting worth of liquor will go up through around 20 to 25 p.c. However, he's still waiting for whole replica of excise policy, he added.
According to UT Administration, the brand new excise policy 2019-20 would assist the management to earn revenue approx. Rs 600 crores compared to Rs 510 crores final yr and build up of approx. 18% over the corresponding final yr.
Under the brand new policy, excise levies on Country Liquor had been larger through approximately 17% and excise levies on Indian Made Foreign Liquor (IMFL) had been larger through approximately 20%. To promote low alcoholic contents drinks i.e. Beer, Wine and in particular to boost Indian Wine Industry the license rate has no longer been larger and saved at Rs 12000 for the entire yr. Further the label registration rate of wine has been diminished from Rs 15,000 in keeping with logo to Rs 10,000 in keeping with logo.
The policy additional states that the excise responsibility of Microbrewery has also been diminished from Rs 50 in keeping with bulk litre to 30 in keeping with bulk litre to shift the shoppers from hard liquor to comfortable liquor and the license charges of microbrewery, restaurants/pubs and bars have also no longer been larger from the final yr.
Meanwhile, regardless of the hike, the prices of liquor in Chandigarh will still be cheaper in comparison to neighbouring states Punjab and Haryana.
The new policy will come into force from April 1.
Sat Pal, President, Chandigarh wine traders association, said the real pricing will be fixed once the vends will be allocated to liquor vend homeowners thru public sale through Chandigarh Administration.
But he clarified that as excise levy on IMFL larger through 20%, the promoting worth of liquor will go up through around 20 to 25 p.c. However, he's still waiting for whole replica of excise policy, he added.
According to UT Administration, the brand new excise policy 2019-20 would assist the management to earn revenue approx. Rs 600 crores compared to Rs 510 crores final yr and build up of approx. 18% over the corresponding final yr.
Under the brand new policy, excise levies on Country Liquor had been larger through approximately 17% and excise levies on Indian Made Foreign Liquor (IMFL) had been larger through approximately 20%. To promote low alcoholic contents drinks i.e. Beer, Wine and in particular to boost Indian Wine Industry the license rate has no longer been larger and saved at Rs 12000 for the entire yr. Further the label registration rate of wine has been diminished from Rs 15,000 in keeping with logo to Rs 10,000 in keeping with logo.
The policy additional states that the excise responsibility of Microbrewery has also been diminished from Rs 50 in keeping with bulk litre to 30 in keeping with bulk litre to shift the shoppers from hard liquor to comfortable liquor and the license charges of microbrewery, restaurants/pubs and bars have also no longer been larger from the final yr.
Liquor to be costly in Chandigarh
![Liquor to be costly in Chandigarh]()
Reviewed by Kailash
on
March 08, 2019
Rating:
