Punjab Imposes COVID Tax On Liquor Amid Lockdown: The proceeds of extra levy on alcohol shall be used for COVID19-related expenditure. (File)
Punjab Imposes COVID Tax On Liquor Amid Lockdown
Chandigarh: Liquor goes to value extra in Punjab now because the state authorities at present imposed COVID cess on the sale of alcohol because of the ongoing lockdown amid the coronavirus pandemic.
The Punjab authorities raised extra excise responsibility and extra assessed payment on liquor within the vary of Rs 2 to Rs 50 relying upon the kind of liquor.
The transfer will assist the state mobilise extra income of Rs 145 crore within the present fiscal.
“Confronted with big income losses ensuing from the coronavirus pandemic and the extended lockdown within the state, Punjab Chief Minister Amarinder Singh gave the go-ahead to the imposition of COVID Cess on liquor with impact from June 1,” an official assertion stated.
The state is dealing with a income shortfall of Rs 26,000 crore, which is 30 per cent of the full finances income estimates, for the monetary 12 months 2020-21, necessitating some robust measures to generate extra income, the chief minister stated.
He accepted the advice of the Group of Ministers, which was constituted on Might 12, to levy extra excise responsibility and extra assessed payment on liquor in the course of the present monetary 12 months.
The proceeds of the extra levy shall be utilised fully for COVID19-related expenditure, Mr Singh stated.
He directed the division of excise and taxation to cost the cess within the present 12 months, on the time of issuance of permits for transportation of liquor from L-1/L-13 (wholesale licenses).
In keeping with suggestions, the division of excise and taxation determined to impose extra assessed payment on imported international liquor and extra excise responsibility on different sorts of liquor.