Excise Reform May Net Delhi Govt Rs 10,000CR / year

New Delhi: From November 17, modern and larger liquor stores will begin to open throughout the capital to offer enhanced purchasing experiences to Delhies and collect more income under the new Delhi Excise Policy.
To facilitate this step, all existing personal liquor stores will be closed from October 1, which will be followed by the closure of government shops.
Collection of excise income has 23% lower than the budget for estimating this financial year, especially because of restrictions on Covid-19.
The Delhi government estimates that getting 10,000 per year under new settings such as the estimated budget of 2021-22 amounting to Rs 6,000 Crore.
Reform, which was approved on April 15, also aimed at checking excise tax avoidance.
Deputy Minister of Manish Sisodia said on Wednesday that the government would receive an area of ​​3,500 crore additional income in the next 12 months due to reform.
According to the government, Delhi will not face a lack of liquor during the transition period of almost a month because all the government’s liquor stores will remain open until November 16.
The license of around 260 oral liquor will not be extended after September 30.
The Delhi government has divided the city into 32 excise zones for retail sales and get RS 8,911 Crore as a license fee, due to the basic reserve costs of Rs 7,039 Crore, for 850 liquid liquid.
“There is no window of liquor stores now it will face the road.
The counter will be in a shop building, which will be at least 500 sq ft.
The shopkeeper must install CCTV cameras and ensure there is no liquor consumption in the open,” Sisodia said.
Each zone will have 27 aircondition liquor jumps with walk-in facilities.
Sisodia stressed that the Delhi government had received 41% less income than what was estimated at the number of financial years 2020-21.
“In the current financial year, the GST collection decreased by 23%, a VAT collection of 25%, a collection of 30% excise, collecting stamps of 16% and motorized vehicle tax collection by 19%,” he said.
“The government holds up most of the costs for now, except for Covid’s salary and costs,” Sisodia said, which is also the Minister of Finance.
Delhi has around 850 legal liquor stores and around 2,000 illegal facilities.
In continuous hard action in illegal liquor, the government has confiscated around 7 bottles of liquor and 1,000 vehicles in one year and submitting 1,864 firs.
“Apart from all these actions, taxation taxes are common.
So, we have changed all taxes to license fees.
The government will get a crore Rs 10,000 when getting the previous 6,900 crore Sisodia said.
The Minister also shows that while Delhi contributed Rs 1,40,000 crore to central tax, only gets Rs 325 Crore from the center as a grant in the assistance offered by the state.
“Delhi’s revenue will decrease by Rs 8,000 Crore because the center will stop sharing GST compensation from next year,” he added.
Under new policies, said Sisodia, Customs and VAT have been converted to license fees.
“Until now the license fee is Rs 8-10 lakh, then excise costs are 250-300%.
We have climbed the license fee to Rs 6.5-7 Crore per store, and adding 10% before the tender,” he clarifies.