Uttarakhand Cabinet Amends Excise Policy

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(Tribune)

Uttarakhand Cabinet on Friday gave its nod for introducing amendments in the excise policy that included increasing the license fee and reducing the turnover limit for departmental stores required for selling foreign liquor in the state.Briefing media persons on Friday, Minister for Urban Development and government spokesperson Madan Kaushik said that the amendments were proposed by the Department of Excise in the existing excise policy and the Cabinet gave its nod.

“The department felt that the turnover limit fixed at Rs 5 crore for departmental stores in order to sell foreign liquor along with groceries and other utility articles was proving to be quite burdensome and costly. There was poor response to due to the high turnover fixed. So we have reduced the limit from Rs 5 crore to Rs 50 lakh,” said Kaushik.

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