Govt proposes to allot retail liquor vends through e-auction Step aimed at increasing revenue, check monopolistic practices
Mohinder Verma
JAMMU, Mar 9: In order to generate more revenue for the exchequer and to obviate the possibility of cartelization and monopolistic practices, the Government has proposed to allot retail liquor vends through e-auction to the domiciles of the Union Territory of Jammu and Kashmir only and a draft Excise Policy in this regard has been put in the public domain for inviting suggestions and feedback.
The Excise Policy 2021-22 which will be finalized within next few days is aimed at rationalization of number of taxes/duties and other levies to optimize revenue for the common good, encouraging transition from high to low alcoholic content beverages, bringing about greater social consciousness about the harmful effects of consumption of liquor and alcoholic beverages and to check bootlegging/smuggling of liquor in the UT from neighbouring States/Union