Hindusthan Samachar
Banner 2 शनिवार, मार्च 23, 2019 | समय 13:15 Hrs(IST) Sonali Sonali Sonali Singh Bisht

Additional fees on liquor to run de-addiction campaign in Punjab

By HindusthanSamachar | Publish Date: Mar 2 2019 9:22PM
Additional fees on liquor to run de-addiction campaign in Punjab
ign Liquour (IMFL) has been increased from 2.48 crore proof liters to 2.62 crore proof litre i.e. by 6 percent, and of Beer from 2.57 crore Bulk Litres to 3.00 crore Bulk Litres i.e. by 16 percent. Till last year, the ex-distillery issue price (EDP) of country liquor was fixed by the Government. For the year 2019-20, the concept of M.R.P. linked EDP has been introduced. With this, market forces will come into play and the distilleries will be able to fix their own rates of their brands. Bottling fee @ Rs. 1 per litre will be levied, which will generate revenue of approximately Rs. 30 crore. This amount will be allocated by Finance Department for the purpose of alcohol de-addiction. To open up the wholesale trade, the fixed license fee for grant of wholesale license of IMFL has been reduced from Rs. 50 lacs to Rs. 25 lacs and a variable fee in the form of additional license fee @ Rs. 3 per proof litre on IMFL and Rs. 2 per bulk on Beer has been levied on the sale of liquor by the L-1 licensee. Hindusthan Samachar/ Narinder Jagga/Pramod
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