In view of ‘drop’ in the sale of liquor after government imposed additional excise duty to meet the losses in view of lockdown, Jammu and Kashmir Excise Department on Friday has requested the government to wave off additional excise duty to keep generating revenue.
J&K Excise Commissioner, Rajesh Kumar Shavan has submitted to the Finance Department of the government after taking review of the revenue realization in the last two months has found that there is drastic fall in the sale of liquor especially middle and low economy class brands and also the sales in Army and Para-military units Canteens.
“The 50 percent additional excise duty has discouraged the consumers to purchase less quantity both in the open market as well as in the unit Canteens,” he submitted asserting that figures have revealed that the quota lifted from the Army Depot across the Union Territory has declined as compared to previous period. Reliably, it is learnt that many other States have rolled back the additional duty (Corona Tax).
“It is, therefore recommended that 50 percent additional duty may kindly be waived off, till the new Policy comes into force so that overall sale and manufacturing of liquor or Beer is enhanced to generate revenue,” he expressed.
Pertinent to mention here that 50 percent duty shall be hiked on the Maximum Retail Price (MRP) on IMFL/IFL, JK Special Whisky, Beer/RTD and Wine/Cider.