States »NortPosted at: Apr 22 2021 5:31PM

Haryana cabinet approves excise policy for 2021-22

Chandigarh, Apr 22 (UNI) Haryana Cabinet, which met under the chairmanship of Chief Minister Manohar Lal Khattar here on Thursday approved the Excise Policy for the year 2021-22.

The overall collection from excise in financial year 2020-21 stood at Rs 6792 crore against collection of Rs 6361 crore during the Financial year 2019-20.

Despite complete lockdown till first week of May 2020 and overall economic slowdown for major part of the year 2020-21, excise revenue during the financial year 2020-21 has witnessed growth of 6.69 per cent.

Since, the period of allotment of retail vends for 2020-21 will come to an end on May 19, 2021, the growth in excise revenue for financial year 2020-21 is likely to reach 15 per cent.

The excise policy for the year 2021-22 has been framed with a focus on aspirations of all the stakeholders.

The duration of Excise Policy for the year 2021-22 shall be from May 20, 2021 to May 19, 2022. The liquor vends shall be allotted for a period of one year (365 days).

The Government has decided to discontinue/abolish Covid Cess on sale of liquor in next policy (2021-22).

COVID Cess was imposed in 2020-21 for generating additional revenue in view of pandemic.

The existing licensees of zones of CL (L-14A) and IMFL (L-2) vends for the year 2020-21 are offered an option to get their licenses renewed for the policy year 2021-22 (i.e. May 20, 2021 to May 19, 2022).

The licenses of zones of CL and IMFL vend shall be renewed at an increase of 10 per cent over and above the ‘Base License Fee/proportionate license fee as the case may be’ for the year 2020-21.

For remaining zones that are not renewed, bids shall be invited.

In case, sufficient number of applications for renewal of zones of CL (L-14A) and IMFL (L-2) vends from the existing licensees of 2020-21 are not received, the competent authority may invites e-bid/e-tender for all the zones of vends.

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