Faced with critical shortfall in excise revenue,the territorial authorities has imposed a 20 percent special excise responsibility on maximum retail rate uniformly on all brands of liquor merchandise within the Union Territory.
Deputy Excise Commissioner T Sudhakar, who issued the notification enforcing the new responsibility with instantaneous effect Thursday advised PTI that the new duty would enable government to mop up round Rs 250 crores yearly.
He stated that the selection to levy the unique excise duty was to make certain sales drift to the authorities.
Excise revenue is a first-rate source of sales to Puducherry authorities.
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