Haryana Cabinet nod to new Excise Policy

The Haryana cabinet on Tuesday approved the new excise policy 2023-24, under which the retail permit fee has been imposed and the government aims to mop up Rs 400 crore for the environment and animal welfare fund. There has also been a nominal increase in rates of excise duty on country liquor and IMFL. The […]

by Ravinder Malik - May 10, 2023, 1:09 am

The Haryana cabinet on Tuesday approved the new excise policy 2023-24, under which the retail permit fee has been imposed and the government aims to mop up Rs 400 crore for the environment and animal welfare fund. There has also been a nominal increase in rates of excise duty on country liquor and IMFL.
The government aims to collect Rs 400 crore for Environment and Animal Welfare — Gau Seva — said in an official statement after the cabinet meeting held here Tuesday evening under the chairmanship of Chief Minister Manohar Lal Khattar.
“Reiterating the state government’s commitment towards protecting the environment and animal welfare, the retail permit fee has been imposed in the new policy with a targeted collection of Rs 400 crore. The said amount will be utilised for the environment and animal welfare,” it said.
According to the official statement, as an environmentally friendly measure, the new policy aims to discontinue the use of PET bottles in the bottling of liquor after February 29, 2024.
In the new Policy, there has been an increase in the basic quota of country liquor, Indian Made Foreign Liquor and Imported Foreign Liquor.
“With this, there has also been a nominal increase in rates of excise duty on country liquor and IMFL.