- Punjab has released its excise policy for the next financial year.
- Chandigarh Administration is yet to announce its policy.
- The Chandigarh Wine Contractors Association (CWCA) has urged the administration to release the policy soon.
- CWCA is concerned about taxation differences between Punjab and Chandigarh.
- Punjab imposes only 1% excise duty and VAT, making liquor prices more competitive.
- CWCA has demanded a reduction in VAT and excise duty in Chandigarh to match Punjab’s rates.
- CWCA also wants an open quota for liquor to bring prices in line with Punjab.
- Sachit Jaiswal, an advocate, believes the administration should consider the demands of the liquor contractors and announce a favorable policy.
Source: tribuneindia.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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