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Chandigarh stares at Rs 150 cr loss as last auction of unsold liquor vends falls flat

For the financial year 2023-24, the excise and taxation department has established a revenue target of Rs 830 crore from liquor vend license fees. However, they have only managed to collect around Rs 500 crore so far.

Singh klerIndian expressLiquor salesNsold liquorUction of unsold liquorNdian express

Another failed auction, no takers for 18 vends in Chandigarh

Another failed auction, no takers for 18 vends in Chandigarh
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Wine contractor associationTaxation departmentSingh kler

Chandigarh: 17th round of liquor vend auction gets no bids

In the 17th round of auctions held on Friday, despite reducing the reserve price by more than 50%, no bidders came forward

Singh klerKler wines17 roundLiquor vendNo bidsFinancial year

Why is Chandigarh struggling to sell its liquor vends

With the UT administration gearing up to auction the remaining 41 vends on Monday and several officials blaming the Punjab liquor policy for the current situation, here are some reasons why Chandigarh’s ‘not-so-friendly’ excise policy has failed this year:

Singh klerIndian made foreign liquorRetail priceRoyal stagPunjab liqour vendsHandigarh liqour vendsHandigarh newsUnjab newsLatest newsNdian express

5 reasons why Chandigarh is struggling to sell its liquor vends

From high excise fees to fixed quotas, here’s a look at why Chandigarh’s excise policy is failing this year.

Singh klerIndian made foreign liquorRetail priceRoyal stagBlenders prideHandigarh liquor saleHandigarh liquor policyHandigarh liquor vatHandigarh alcohol taxIquor vatIquor excise feeNdian express news

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