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Chandigarh stares at Rs 150 cr loss as last auction of unsold liquor vends falls flat

For the financial year 2023-24, the excise and taxation department has established a revenue target of Rs 830 crore from liquor vend license fees. However, they have only managed to collect around Rs 500 crore so far.

Singh-kler
Indian-express
Liquor-sales
Liquor
Chandigarh
Nsold-liquor
Uction-of-unsold-liquor
Ndian-express

Another failed auction, no takers for 18 vends in Chandigarh

Another failed auction, no takers for 18 vends in Chandigarh
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Wine-contractor-association
Taxation-department
Singh-kler

Chandigarh: 17th round of liquor vend auction gets no bids

In the 17th round of auctions held on Friday, despite reducing the reserve price by more than 50%, no bidders came forward

Singh-kler
Kler-wines
Chandigarh
17-round
Auction
Liquor-vend
No-bids
Financial-year

Why is Chandigarh struggling to sell its liquor vends

With the UT administration gearing up to auction the remaining 41 vends on Monday and several officials blaming the Punjab liquor policy for the current situation, here are some reasons why Chandigarh’s ‘not-so-friendly’ excise policy has failed this year:

Singh-kler
Indian-made-foreign-liquor
Retail-price
Royal-stag
Punjab-liqour-vends
Handigarh-liqour-vends
Handigarh-news
Unjab-news
Latest-news
Ndian-express

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