Even highest bidder has no vested right to have auction concluded in his favour: HC dailyexcelsior.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyexcelsior.com Daily Mail and Mail on Sunday newspapers.
Only domiciles having immovable property eligible for participation in bid process JAMMU, Feb 22: Additional Chief Secretary, Finance, Atal Dulloo, today reiterated that the new excise policy would ensure that only single vend is secured by a bidder whose eligibility has been capped to the domiciles of Jammu and Kashmir only. ACS, while announcing the ‘Excise Policy 2022-23′ here at Excise Taxation Complex, maintained that the policy would bring greater social consciousness and awareness about harmful effects of liquor consumption […]
J&K govt rolls out new Excise Policy to ensure one person one vend uniindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from uniindia.com Daily Mail and Mail on Sunday newspapers.
45 new vends to be opened in Jammu, 6 in Kashmir MGR, Earnest Money, MRB increased; Export Duty exempted Mohinder Verma JAMMU, Feb 22: In order to generate more revenue and bring transparency in the allotment of liquor vends, the Government of Union Territory of Jammu and Kashmir has incorporated several new conditions in the Excise Policy for the year 2022-23, which will come into force with effect from April 1. Click here to watch video Among the key changes […]
Govt proposes to allot retail liquor vends through e-auction Step aimed at increasing revenue, check monopolistic practices
Mohinder Verma
JAMMU, Mar 9: In order to generate more revenue for the exchequer and to obviate the possibility of cartelization and monopolistic practices, the Government has proposed to allot retail liquor vends through e-auction to the domiciles of the Union Territory of Jammu and Kashmir only and a draft Excise Policy in this regard has been put in the public domain for inviting suggestions and feedback.
The Excise Policy 2021-22 which will be finalized within next few days is aimed at rationalization of number of taxes/duties and other levies to optimize revenue for the common good, encouraging transition from high to low alcoholic content beverages, bringing about greater social consciousness about the harmful effects of consumption of liquor and alcoholic beverages and to check bootlegging/smuggling of liquor in the UT from neighbouring States/Union