Chandigarh: The Union Territory of Chandigarh managed to register 22 per cent growth in revenue collection from the auction of 53 liquor vends despite a ban on liquor shops within 500 metres of the national and state highways.
One liquor shop was auctioned at the highest-ever price of Rs 9 crore.
Against the reserve price of Rs 139 crore from the auction of 53 liquor vends, the UT Excise and Taxation Department got bids of Rs 170 crore, an official of the department said here on Wednesday.
“We have seen 22 per cent growth in revenue collection from the auction of 53 liquor vends,” the official said.
The department also saw the highest-ever revenue bid of Rs 9 crore for auction of a liquor shop in Sector 42, followed by Rs 7 crore bid for a vend in Sector 44.
“Under the single unit system, the liquor vend in Sector 42 was auctioned at the highest-ever price of Rs 9 crore,” he said.
In the wake of the Supreme Court order, there will be 77
Auction of liquor vends in progress at Tagore Theatre, Sector 18, Chandigarh on Wednesday.UPENDRA SEN GUPTA liquor vends in the city for the year 2017-18. As many as 22 liquor vends were shut down which were within the 500 metres of the highways, the official said.
The department has pegged the revenue at Rs 202 crore from the auction of 77 liquor shops for the year 2017-18.
“The decision for the auction of the remaining liquor shops will be taken soon,” he further said.
The Chandigarh Excise and Taxation Department has also raised the liquor quota by 10 per cent.
“The quota for the India Made Foreign Liquor (IMFL) has been raised to 74.25 lakh proof litres and for country liquor 8.25 lakh proof litres,” the official said. He said efforts have also been made to keep the price of low-alcohol drinks like beer and wine low.
For more news updates Follow and Like us on Facebook