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Excise Policy: The maximum basic quota of IMFL will be 700 lakh proof litres and 1,200 lakh proof litres for the country liquor for the year 2024-25. The QR code-based track and trace system that was introduced in 2023-24 for IMFL and country liquor will be extended to imported foreign liquor as well, said the statement. The minimum retail sale prices of imported liquor brands will be fixed by the department to streamline the business, it said.

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