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Saturday, January 28, 2023
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Liquor Traders Feel High As Govt Extends Excise Policy | Ludhiana

Ludhiana: In a partial relief for liquor contractors and liquor vend owners, the existing excise policy of the state for the year 2021-22, which was to expire on March 31, has been extended by three months.
Though liquor traders seem relieved, they are jittery too about the new policy. They hoped that new policy whenever formed would be in their favour.
Speaking to TOI on the condition of anonymity, an official in the excise department said due to change of guard, a big reshuffle is expected in the department as well, and the new excise policy will be formulated only when the reshuffle is complete.
Varinder Sharma Bobby, president of District Taxation Bar Association (Sale Tax), said, “The existing excise policy will continue after which a new policy will be rolled out. We hoping that it will be more beneficial for licensees and government as well. As of now, the liquor contractors will continue to operate on same terms and conditions as per the old contract and will pay pro rata fees for three months.”
Sanjeev Kumar, general manager of prominent liquor trading company, said, “The extension of the existing liquor policy for three months is a partial relief for the liquor contractors and traders as no one knows whether the new policy whenever formed will be in favour of the businessmen or not. With change of guard in the state, everyone is unsure about the approach of the government towards the liquor trade and whether the licence fees will be increased or decreased. So till the announcement of the new system, we are okay with the ongoing policy and we can only hope that our feedback will be taken by the government while formulating the new policy.”
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