Deliberations on new liquor policy continue
The Cabinet sub-committee on the new liquor policy has decided to look for ways that will ensure existing revenue flow to the government without inviting allegations that it encourages liquor consumption.
The sub-committee, consisting of ministers Anam Ramanarayana Reddy, P. Sabita Indra Reddy, Mopi-devi Venkata Ramana, D. Sridhar Babu and C. Ramachandraiah, met here on Monday and took stock of the existing policy and the policy being implemented in Tamil Nadu, Karnataka and Delhi.
Sources told this newspaper that Excise Commi-ssioner Samir Sharma gave a presentation on the revenues of different states on account of sale of liquor and taxes on it besides the license fees. The sub-panel decided to meet again on May 26 to continue discussions. Later, Mr Venkata Ramana said that there were certain deficiencies in the existing policy and the sub-panel would try to rectify the flaws.
Meanwhile, the government issued orders making changes in the nomenclature of margin collected by the APBCL in view of the legal battle between the state and the Income Tax department. While the I-T department wanted the APBCL to pay tax on the profits from sale of liquor, the latter contended that the entire revenue goes to the government and should be exempted from paying I-T.
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