J&K Excise Dept clarifies on revenue collection

Jammu: The Excise Department today said a revenue of Rs. 2045.34 crore, including Rs.36.06 crore from Ladakh, has been realised during the financial year 2019-20. This also includes toll revenue of Rs.727.75 crore realised  upto 31st of December, 2019.

Reacting to a news report published in a local daily newspaper, the department clarified that since the abolishing of all the toll posts by the government with effect from January 1, 2020, vide notification SO 59 dated 31/12/2019 and SO 60 dated 31/12/2019 issued by the Finance department, an amount of Rs.1353.81 crore was collected in the financial year 2020-21 as excise revenue by the Excise Department as toll tax, which had already been abolished by the government vide aforementioned SOs.

After implementation of new Excise Policy from 2021-22, a revenue of Rs.1777.37 crore has been collected by the  department,  Rs.423.56 crore more than the excise revenue realized by the department during the year 2020-21.

Also ReadTelangana High Court Stays Special Privilege Fee on Bars and Restaurants for Four WeeksOdisha Excise Bureau Busts Counterfeit Liquor Unit Near Jharkhand Border, Seizes Over 4.6 Lakh Litres

For the policy year 2021-22, 228 liquor vends were put on e-auction, of which, 221 licenses were issued. During the current  year, 279 liquor vends were put on e-auction, of which, 252 vends have been cleared for allotment of JKEL-2 license.