Latest news with #HaryanaExciseandTaxationDepartment
United News of India
04-07-2025
- Business
- United News of India
Haryana Excise Department nets Rs 12,615 crore from ongoing liquor vend auctions
Chandigarh, July 4 (UNI) The Haryana Excise and Taxation Department has achieved revenue of Rs 12,615 crore through the ongoing excise auctions, Excise and Taxation Commissioner Vinay Pratap Singh announced today. The department has successfully auctioned 1,081 out of 1,194 excise zones across the state. Retail liquor vend licensees are allowed to operate two vends in each zone, leading to the opening of over 2,150 retail liquor vends within the first three weeks under the new Excise Policy. The auction process is conducted through a fully transparent e-auction portal. Only 113 zones remain to be auctioned, which are expected to be completed within a few days. The Commissioner emphasized that the process is fair and competitive, with liquor licenses participating freely and bidding at market-driven prices. Singh further informed that, with the Cabinet approving the Excise Policy for an extended period until March 31, 2027, the department has already earned significantly higher revenue than last year. In the most recent auction round held on July 3, 2025, 21 more zones were auctioned, generating an additional Rs 215 crore. He added that although a similar number of zones have been auctioned this year compared to the previous year, the revenue has more than doubled. In comparison, the total license fee collected from auctions during the previous year, which continued till August 2024, stood at Rs 7,025 crore. The department is confident of surpassing the revenue targets set by the State Government. The Commissioner stated that strict action has been taken against individuals involved in threatening or extorting liquor licensees. With active intervention from the State Government, the Haryana Police has acted promptly against such criminal elements. Under the directions of the Chief Minister, the Home Department is closely monitoring any attempts to disrupt the auction process. As a result of recent crackdowns, bidder participation has increased significantly, leading to the successful auction of more than 125 zones, generating revenue of ₹1,370 crore in the last two weeks alone. UNI XC SSP
Indian Express
02-06-2025
- Business
- Indian Express
Auction of 50 Gurgaon liquor vends fetches Rs 1,270.40 crore; Bristol Chowk highest at Rs 98.6 crore
The third phase of liquor vend auctions was a bonanza for the Haryana Government's exchequer as bids fetched Rs 1270.40 crore, exceeding the reserve price of Rs 1198.90 crore by 5.96 per cent. Bristol Chowk at the city's elite Golf Course Road saw the highest bids at Rs 98.6 crore by G-Town Wines against a reserve (base) price of Rs 94.6 crore. Last year, the same zone last year saw the highest bid by the same winning bidder at Rs 48.28 crore against a base price of Rs 36.75 crore. The Haryana Excise and Taxation Department conducted and completed the auctions of 50 out of 79 liquor retail zones in Gurugram (East) under the Excise Policy 2025-27. The DLF-3 zone fetched Rs 63 crore against a reserve price of Rs 60 crore, the second highest in the district. The third highest was for the Shankar Chowk zone, which went at the base price of Rs 62 crore. Nawada zone saw winning bids that were 30 per cent higher than the base price, while the same for South City was 25 per cent, American Express on Southern Peripheral Road at 24.3 per cent, Badshapur at 20.9 per cent, Sikohpur 20.5 per cent, Kankrola 20.5 per cent, Sohna Road at 16.9 per cent, and Banni Square at 12 per cent. The auctions were conducted under a committee led by the deputy commissioner at the department's Resource Building office. City Magistrate Ravindra Kumar represented the commissioner during the bid opening. Amit Bhatia, Deputy Excise and Taxation Commissioner (East), said the bidding was open from 9 am on May 30 to 4 pm on May 31. The next auction round for the remaining zones in Gurugram (West) is set for June 3, with e-tenders accepted from 9 am to 4 pm, and evaluations at 5 pm. For the remaining 29 zones in Gurugram (East), tenders will be invited on June 5 from 9 am to 4 pm, with evaluations at 5 pm. The reserve price for these zones is Rs 1021 crore. Unlike previous years, where the annual beginning was in June, the excise policy this time is for 22 months, and from 2027 June onwards will be two years, leading to higher bids. The excise department allots licences through its zones in Gurgaon, and an allottee can open two vends in the zone with a cap of two to limit monopoly by big businesses. Competition from neighbouring states has increased in recent years because the policy is liberal as compared to those of other states, and the prices are low, driving many companies to make a foray into the business in Haryana, excise officials had earlier told The Indian Express. The Haryana Government has set a revenue target of Rs 14,064 crore under the current (new) excise policy. In 2024-25, the government collected Rs 12,700 crore against a target of Rs 12,650 crore.
