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Will Liquor Come Under GST? Here’s What Nirmala Sitharaman Said
Finance Minister Nirmala Sitharaman has clarified that bringing liquor for human consumption under GST is a decision that lies entirely with state governments. Speaking at the NDTV Profit GST Summit, she said, “It is up to the states… I can’t comment.” Currently, liquor is taxed by state governments through excise duty on production and VAT…
The Punjab and Haryana High Court has warned the Haryana government about allowing the sale of liquor in bars and pubs after midnight, specifically in the districts of Gurugram and Faridabad
The Punjab and Haryana High Court has issued a cautionary message to the Haryana government regarding the sale of alcohol beyond midnight in bars and pubs in two specific districts—Gurugram and Faridabad. This warning, made on Thursday, comes in response to concerns raised by the state’s new excise policy for 2024-25. The court, however, refrained…
Punjab’s Excise revenue increased by 11.45% in the first 8 months
CHANDIGARH: Punjab Finance, Planning, Excise and Taxation Minister Advocate Harpal Singh Cheema on Saturday said that the state has achieved 16.61 percent increase in net Goods and Service Tax (GST) collection up to November, and the revenue from Excise recorded an impressive growth rate of 11.45 percent during the first 8 months of FY 2023-24 against…
Vivek Oberoi Buys 21% Stake in Scottish Gin Brand Rutland Square, Plans Sustainable Hotel in Edinburgh
Bollywood actor and entrepreneur Vivek Anand Oberoi has taken a significant step into the premium spirits market by acquiring a 21% stake in Rutland Square Spirits, a luxury Scottish brand known for its unique gin infused with Assam’s rare oolong white tea. Founded by Nishant Sharma, Rutland Square stands out for blending Indian tea heritage…
Delhi excise dept cracks down on restaurants, cafes hosting functions using P-10 liquor permit
The Delhi excise department has debarred more than 5,000 independent restaurants and cafes from hosting functions on P-10 liquor permits, citing excise revenue loss. P-10 permits are given for serving liquor at weddings, birthday parties, engagements or such functions. Officials said the excise department noticed many independent restaurants were using P-10 permits to host functions…
As 48 ‘premium’ liquor vends open, Delhi hopes to get back its clientele
Offering multiple options, bigger brands and a better walk-in experience, 48 “premium” liquor vends have come up across Delhi’s upscale areas, malls and big markets so far. After the AAP government’s ambitious new excise policy was scrapped last year, amid allegations of corruption and investigations by multiple agencies, the Delhi government brought back its old…