The Chandigarh administration has approved the excise policy for the year 2021-22.
"In the second round of e-tendering, held on March 30, Chandigarh Excise and Taxation Department received a total of 19 tenders/bids electronically against 10 of the 16 pending liquor vends/licensing units," read an official statement.
"The first round of e-tendering was held on March 19, wherein the department had allotted 80 liquor vends out of 96. The e-tenders were invited for allotment of remaining 16 licensees for retail sale vends from the general public for Excise Policy 2021-22," the statement added.
After the opening of e-financial bids, 10 liquor vends were sold out and the department received revenue of Rs 48.54 crores against Rs 41.79 crores reserve price with an increase of 16.16 per cent.
( With inputs from ANI )
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