Haryana mulls taking over wholesale liquor trade, traders not amused

IANS  |  Gurugram 

In a bid to curb of IMFL, the is considering setting up a corporation for wholesale trade and has invited suggestions from the public and various stakeholders for a new Policy for 2018-2019, an said on Friday.

The state and Taxation Commissioner has invited suggestions through post or email at its headquarters in Panchkula, adjoining Chandigarh, by January 15. The policy for of Indian Made Foreign (IMFL) and countrymade will remain the same.

"Though the claims that taking over wholesale IMFL trade into its hands through the corporation will curb smuggling, it will, in fact, cause heavy losses to the exchequer.

Middlemen will get involved as has been happening in and Rajasthan," a wholesale trader who did not wish to be named told IANS.

IMFL in the state is currently sold by a single vendor through L1 licence as per the Police 2017-2018.

Currently, the trade in the state is worth around Rs 5,500 crore per annum and it is feared that the may lose Rs 1,500 crore as there would be competition among L1 licence seekers after the formation of the corporation.

"Authorities handling the proposed corporation may not stock all the brands, depending on profit margins. In that situation, the vendor will have no other option but to buy whatever is available," said a vend owner, adding that it would harm their business.

The had recommended formation of seven committees to look into the proposal to set up the corporation.

"The committees will take care of drafting requisite amendments in the relevant Acts and Rules for the corporation and will submit its report by January 23," a senior and Taxation Officer said.

A importer said the move will bring the state on par with others, where the model is functionally successfully. and have corporations to handle trade.

data revealed that has an annual quota of 53,108,852 proof litres for 2017-2018, which means 7,867,978 cases or 94,415,737 bottles.

Similarly, the state has sanctioned 89,656,412 proof litres of annual quota for countrymade liquor, which translates to 19,923,647 cases or 239,083,765 bottles.

Figures revealed that till January 10, about 75 per cent of the sanctioned quota had been used.

--IANS

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First Published: Fri, January 12 2018. 17:26 IST