Yogi s push for Good Times in UP, beer to get cheaper as excise duty slashed
The policy increased the existing cap for storage at home from 6 litres to 16 litres for the purchase of a special annual licence fee of Rs 12,000 and a security deposit of Rs 51,000, respectively.
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In major step towards mopping up revenues through liquor sales in the Covid times, the Uttar Pradesh government has slashed excise duty on beer from the coming financial year. The duty which currently stands at 280% will be cut to 200% from FY2021-22. Moreover, the UP government has also decided not to increase the license fees for beer vends in its latest excise policy.
Updated Jan 09, 2021 | 19:01 IST
To promote ease of doing business, brand registration, label approval, bar and micro-brewery licences will have the option to be renewed up to 3 years instead of requiring approvals every year UP s latest Excise Policy aims Rs 6,000 crore excess revenue next fiscal
New Delhi: Uttar Pradesh Chief Minister Yogi Adityanath led cabinet has given its approval to the Excise Policy 2021-22, expecting revenue to jump by Rs 6,000 crore during the fiscal.
The cabinet meeting took place on Saturday evening. To provide good quality liquor at economic prices, UP Made Liquor (in Tetra-pack and of 42.8 per cent strength only) made from Grain ENA, shall be sold at an MRP of Rs 85 through country liquor shops. Integrated Supply Chain Management System (IESCMS) shall be implemented by computerizing the various processes of the department. The system of sale of liquor in retail shops using PoS machines shall be implemented in 2021-22