Beer, IMFL rates to go down as AAP govt in Punjab approves new excise policy

Chandigarh, June 8

The AAP government in Punjab on Wednesday approved its first excise policy.

Under the new policy, rates of Indian-made foreign liquor (IMFL) and beer will come down.

The quota of beer and IMFL will be increased, leading to increase in the excise revenue by over 40 per cent.

The main focus of the new policy will be on stopping smuggling of liquor into the state. By increasing supply and reducing its rates, making these on a par with liquor rates in Chandigarh and Haryana, the government is confident that the liquor smuggling will stop.

Excise mobile wings are also proposed to be strengthened to check pilferage from the distilleries.

Beer, IMFL rates to go down as AAP govt in Punjab approves new excise policy
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