The Punjab Excise and Taxation Department in its gazette notification dated 30th July 2020 has notified the Punjab Liquor License (Third Amendment) Rules, 2020.
The Amendment is brought under Rule 36 (39) which deals with the procedure to grant liquor license, in which a new proviso has been inserted as which states that the licensee shall have the option to lift 5% additional quota either of Punjab Medium Liquor or Indian Made Foreign Liquor or part thereof of his annual Minimum Guaranteed Quota, after lifting his due quota and paying levies for and upto the month of July, 2020.
The licensee shall be allowed to lift this additional quota upto 15th September, 2020 on payment of all duties or levies due upto the date of lifting this additional quota. This additional quota shall be available at half of the rates of excise duties leviable under the Punjab Excise Fiscal Orders, 1932.
In case the Government allows renewal of licenses for the year 2021-22, the revenue from this additional quota shall not be counted for the eligibility of the renewal.
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