Chandigarh Administration Approves Excise Policy

By 121 News

Chandigarh 15^th March:- Chandigarh Administration has approved the Excise Policy, 2016-17 by the end of the month of February, 2016. In the Policy, the allotment of retail sale liquor licences (L-2/L-14A) is a major activity as the department gets major part of the excise revenue from the retail sale liquor licenses, directly in the form of licence fees and indirectly in the form of various excise levies. This allotment of retail sale liquor licenses is an annual affair. In the Excise Policy, 2016-17, the reserve price of all the retail sale liquor vends, which were to be allotted in 48 groups having 100 retail sale liquor vends (L-2/L-14A), was kept at Rs. 177.71 crores which is equal to the last year's bid money received over all the groups and was Rs. 42.71 crores higher than the last year's reserve prices of all these groups, which stood at Rs. 135 crores. The last date and time of casting the bids invited for the allotment of these 48 groups of retail sale liquor vends was 11.03.2016 (05:00 pm). As a result, the department received 65 bids over 43 groups out of 48 groups, which went for tenders. The reserve price of these 43 groups was Rs. 162.83 crores.  On 5 groups, involving 9 liquor vends and a revenue of Rs. 14.88 crores (on the basis of reserve price), the department received no application by the last date and time. The   re-tendering would be done in respect of these 5 groups, in due course of time.

The opening of the bids for one group having group code GP-6 with locality Sector 15 Market has been kept in abeyance in view of the decision taken by the competent authority, in consequence of the various representations received from the representative of the residents of Sector 15 and also from the Panjab University Authorities regarding not to open the liquor vend in Sector 15 Market. The final decision regarding this group will be taken later on. 

The opening of the bids for 42 groups had taken place today in the presence of Kashish Mittal, Collector (Excise), Kriti Garg, SDM (South) as member, R.J.S. Brar, DSE as observer and all the bidders, under the overall supervision of  Dr. Adapa Karthik, Excise and Taxation Commissioner at CCET (Diploma Wing), Sector 26, Chandigarh. As a result, 42 groups having 90 retail sale liquor vends (L-2/L-14A) have been successfully allotted, in a peaceful and transparent manner. The department will get licence fees of Rs. 184.17 crores against the reserve price of Rs.159.25 crores (for these 42 groups), during the year 2016-17, registering an increase of Rs. 24.92 crores (15.65%) over the reserve price.