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Haryana on road to make State Corporation of wholesale trade of liquor

  • PublishedJanuary 12, 2018

The Haryana government is considering setting up a corporation for wholesale liquor trade and has invited suggestions from the public and various stakeholders for a new Excise Policy for 2018-2019.

The state Excise and Taxation Commissioner has invited suggestions through post or email at its headquarters in Panchkula, adjoining Chandigarh, by January 15. The policy for retail sale of Indian Made Foreign Liquor (IMFL) and country made liquor will remain the same.

IMFL in the state is currently sold by a single vendor through L1 license as per the Excise Police 2017-2018. Currently, the liquor trade in the state is worth around Rs 5,500 crore per annum and it is feared that the government may lose Rs 1,500 crore as there would be competition among L1 license seekers after the formation of the corporation.

The government had recommended formation of seven committees to look into the proposal to set up the corporation.

Written By
ruby singh

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