Punjab Excise Policy 2020-21 Punjabi

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Punjab Excise Policy 2020-21 Punjabi

Punjab Excise Policy 2020-21 with Cabinet Decision in PDF
The excise duty at retail has been increased nominally, Rs 5 for Punjab Medium Liquor (PML), Rs 4 for Indian-made foreign liquor (IMFL), and Rs 2 for beer. At the wholesale stage, there is no increase in excise duty rates at PML, in the case of IMFL, the increase is about 5% and in the case of beer, while the duty has been enhanced from Rs 62 per bulk liter (BL) to Rs 68 for strong beer.

The ex-distillery price (EDP) for the fixed quota of PML has been fixed at Rs 271.11 per case. Under the new policy, the retail license will be allowed to interchange his quota of PML, IMFL, and beer up to 15%. VAT paid on imported liquor will be adjusted in additional fixed license fee and an additional 12% revenue requirement for renewal of license fee and an additional 12% revenue requirement for renewal of licenses next year.

Punjab Excise Policy 2020-21

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