Punjab Imposes COVID Tax On Liquor Amid Lockdown
The proceeds of extra levy on alcohol can be used for COVID19-related expenditure. (Record)
Chandigarh:
Liquor goes to price extra in Punjab now because the state executive lately imposed COVID cess at the sale of alcohol because of the continued lockdown amid the coronavirus pandemic.
The Punjab executive raised further excise responsibility and further assessed charge on liquor within the vary of Rs 2 to Rs 50 relying upon the kind of liquor.
The transfer will assist the state mobilise further income of Rs 145 crore within the present fiscal.
“Confronted with massive income losses as a consequence of the coronavirus pandemic and the extended lockdown within the state, Punjab Leader Minister Amarinder Singh gave the go-ahead to the imposition of COVID Cess on liquor with impact from June 1,” an reputable commentary stated.
The state is going through a income shortfall of Rs 26,000 crore, which is 30 in step with cent of the entire funds income estimates, for the monetary 12 months 2020-21, necessitating some tricky measures to generate further income, the manager minister stated.
He approved the advice of the Staff of Ministers, which used to be constituted on Might 12, to levy further excise responsibility and further assessed charge on liquor all through the present monetary 12 months.
The proceeds of the extra levy can be utilised totally for COVID19-related expenditure, Mr Singh stated.
He directed the dept of excise and taxation to price the cess within the present 12 months, on the time of issuance of allows for transportation of liquor from L-1/L-13 (wholesale licenses).
In step with suggestions, the dept of excise and taxation determined to impose further assessed charge on imported international liquor and further excise responsibility on different sorts of liquor.
