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New Excise Policy Not Ready To Roll, Existing Regime To Stay Till Next March
New Delhi: Delhi govt has extended its existing excise policy for the remaining nine months of the 2025-26 financial year to regulate the liquor trade in the capital. Sources said a new policy, which the govt had decided to roll out from July 1, was still in the making.
Officials said a meeting was held on Thursday, following which the excise department issued an order saying the competent authority had approved the continuation of the excise duty-based regime, which was in effect from the licensing year 2022-23 and continued in 2023-24, 2024-25 and the first three months of 2025-26. The current policy will be extended with effect from July 1 to March 31, 2026, stated the order.
Officials said they issued an order for the issuance of wholesale licences on the terms and conditions of the existing policy and payment of a proportionate licence fee, and the order for retail licences would be issued soon.
"The terms and conditions of all licences, which are renewable every year, are also continued for excise year 2025-26," the order stated. There will be no change in price structure, brand registration fee and profit margin, and the retail business will continue to remain with four govt corporations, officials added.
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A high-level committee headed by chief secretary Dharmendra has been entrusted with the responsibility of drafting the new policy by going through the policies of other states.
by Taboola
by Taboola
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The committee met last Friday and again on Monday. The govt aims to come up with a new policy that ensures the supply of quality liquor with transparency while generating revenue for it.
The extended policy came into operation in Sept 2022 after the then AAP govt scrapped its reformative 2021-22 policy that ran into rough weather amid allegations of irregularities in its formulation and implementation. The old policy has since been extended for varying periods. It was meant to be a stopgap measure to prevent a regulatory vacuum due to the sudden scrapping of the 2021-22 policy.
