90% delicious liquor updating license, but the Biz store model drops in the city – News2IN
Noida

90% delicious liquor updating license, but the Biz store model drops in the city

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Greater Noida: Licenses More than 90% of more than 500 vends of liquor in Gautam Budh Nagar have been extended until January 21, the deadline set by the Excise Ministry.
Of the total 532 liquor stores – British wine, beer, models and stores made in the country – as many as 480 retailers have paid update fees, processing fees and a license fee of 7.5% additional to run their store, the officials remaining 52 store will now Allocated through online auctions from the following month.
Last year, the department had auctioned 54 online stores.
While the terms and conditions that have not changed to run stores for the next fiscal see higher retention in most segments, demand for updating licenses for second consecutive model stores with vendors citing footsteps limited due to pandemic costs and licenses Height – between Rs 54 Lakh and Rs 1.57 Crore – for the exit.
The state government, while releasing excise policy for the financial year of 2022-23, does not increase the cost of licenses or update costs.
In accordance with officials, while a beer shop must pay Rs 70,000 for updates, links that sell state liquor and British wine must expire each RS 95,000.
However, models must pay Rs 1 lakh as the update fee.
The department also charged the owner of the RS 35,000 model model and retailer in other categories of Rs 25,000 as processing fees.
“The license fee for the model shop is very high.
In addition, because of the pandemic, not many people want to drink outdoors in limited space.
Therefore, more and more model shop owners are out of business,” Devesh Jaiswal, a liquor businessman, said.
RB Singh’s excise official said, “The license fee is determined by the state government.
Because Noida is part of the NCR, it is on the higher side.
We will look for people who are interested in opening the model shop.”

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