images
add

Jharkhand plans new Excise Policy to tame syndics

By jpgupta |

6th February 2012

The Jharkhand government is gearing up to bring a new state Excise Policy to check the monopoly of syndicates in liquor trade and pep up revenue from it. The proposed policy Jharkhand Liquor Wholesale Regulation-2012envisages vesting the rights of liquor distribution to the Jharkhand State Beverage Corporation (JSBC).

Ranchi: The Jharkhand government is gearing up to bring a new state Excise Policy to check the monopoly of syndicates in liquor trade and pep up revenue from it.

The proposed policy —Jharkhand Liquor Wholesale Regulation-2012—envisages vesting the rights of liquor distribution to the Jharkhand State Beverage Corporation (JSBC).

As per the proposed regulation, the corporation will play a pivotal role in wholesale trade of all brands of Indian made foreign liquor (IMFL) and country liquor.

“We will purchase liquor from the manufacturers-cum-distributors and sell the same to retailers,” Excise Department Secretary Satyendra Singh said.

The proposed policy stipulates that the JSBC would be the sole authority of supplying all sorts of liquor to vendors. It will issue permits for transportation of alcohol in the districts.

An officer of Assistant Excise Commissioner rank will be tasked with the charge to ensure smooth supply of liquors in their respective districts.

At present, the Deputy Commissioners are empowered to issue such permits, which usually stuck up at for clearance in the office.

The proposed amendment in the Excise Policy would empower the Assistant Excise Commissioner rank officers to issue permits for liquor transportation.

However, the distributors require paying the registration charge for different brands of liquor to be sold by them. They will also have to get their licences renewed every year. This will be applicable to imported brands as well.

Elaborating, State Excise Minister Gopal Krishna Patar said the existing regulations would automatically stand annulled after the new rules come into effect.

“The draft of new Excise Policy would be tabled in the Cabinet this month only, as the department has given final touches to it,” he said.

The department hopes to jack up revenue by at least two fold from next year from liquor sell.

So far, the State could net only about Rs 400 crore as revenue from Excise Department against the target of Rs 700 crore.

In contrast, the neghbouring Bihar had earned Rs 1600 crore in the year 2010-11 and aims to double it this year.

comments powered by Disqus
Rs 5,200 cr scheme for improving power network...

The scheme is to be taken up under a new Central Sector Plan Scheme of Ministry of...

Cabinet nod for Rs 32,612 cr power scheme

Money will be used for strengthening of sub-transmission and distribution network...

Kerala mulls bill to contain black magic

Numbers of sorcery cases have increased

latest opinion

Can BI & Analytics eradicate Poverty from India?...

Sanjeev Thukral

Country Sales Director , Steria India Limited
DeitY releases draft IOT policy

Sanjay Kumar

Senior Assistant Editor , CIO & Leader
National Information Infrastructure (NII) 2.0...

Sanjay Kumar

Senior Assistant Editor , CIO & Leaders

survey & reports

add
close