Pay 20% licence fee to Goa to run sublet liquor vend

PANAJI: In a move to stop illegal subletting, the state government has decided to allow sublet bars and shops selling liquor with retail licences to operate legally by paying 20% of the licence fee to the state treasury.
A senior official said that it has come to the notice of the government that many licence holders illegally sublet their bars and shops selling liquor with retail licences, and because of this, the state loses revenue. "This decision will get additional revenue to the state government," he said.
To allow this kind of subletting, the state has amended the Goa Excise Duty Rules, and licence holders have to submit a range of documents to the excise department.
In case some licence holder wants to sublet his licence, they will have to submit the following documents to the excise department: a challan for having credited into the government treasury an amount equivalent to 20% of the licence fees payable for retail sale of foreign liquor, Indian made foreign liquor or country liquor, and a notarised copy of the deed of assignment executed between the licence holder and the person who will run the licence.
Other documents required include a notarised copy of the certificate of incorporation issued by the registrar of companies, memorandum of association and articles of association, along with the list containing the names and residential addresses of all the directors and the resolution passed by the board of directors authorising its representative for executing the deed of assignment (in case the assignee is a company) and an affidavit-cum-NOC duly sworn by the owner of the premises.
“The permission granted under sub-rule (3) shall be valid for a period of one year, which may be renewed for a period not exceeding one year during the currency of the licence...and upon payment of fee...before expiry of the currency of such licence,” Pranab G Bhat, undersecretary (finance) said.