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Magadh Today > Latest News > Business > Chandigarh: Liquor contractors boycott meeting called for suggestions
Business

Chandigarh: Liquor contractors boycott meeting called for suggestions

Gulshan Kumar
Last updated: 2023/12/03 at 7:04 PM
By Gulshan Kumar 2 years ago
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Chandigarh In a move protesting perceived losses against more lucrative policies in Punjab, liquor contractors from Chandigarh skipped a crucial meeting regarding the UT’s Excise Policy for 2024-25. The meeting, organized by the UT excise and taxation department, aimed to gather suggestions from retailers, bonded warehouse licensees, and owners of hotels/bars.

Sachit Jaiswal, the legal adviser of Chandigarh Wine Contractors’ Association, expressed the contractors’ frustration, citing significant losses over the past two years. He emphasized that the administration needs to take concrete steps to improve the Excise Policy, as mere discussions without implementation are insufficient.

Representatives from major entities like Ab InBev, International Spirits and Wine Association of India, and Confederation of Indian Alcoholic Beverage Confederation attended the meeting. They sought to understand challenges and collaborate on formulating a comprehensive policy based on diverse inputs.

Key suggestions during the meeting included proposals to increase the ex-distillery price (EDP), streamline timely label approvals, extend warehouse operating hours, reduce beer taxes, and provide longer-term label approvals. The discussion also incorporated insights from successful practices observed in different states across India.

UT Excise and Taxation Commissioner Vinay Pratap Singh appreciated the feedback, highlighting the importance of inclusive policymaking by involving all stakeholders. He encouraged stakeholders to submit their suggestions via email or in person during the upcoming consultative meeting scheduled on December 5 at the DC office in Sector 17.

 

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