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Liquor shops closed pending use of new MRP on products

By City Correspondent
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GUWAHATI, May 9 - After the State government�s decision to increase the maximum retail price (MRP) on all segments of Indian Made Foreign Liquor (IMFL), beer, wine and overseas products with immediate effect, the excise department has issued an order to shut down liquor shops until new stickers of MRP are pasted on the old stock.

As per the order, retail vendors are not allowed to sell or lift any excise product till the new MRP is registered by the excise department and duly notified.

�All superintendents of excise shall ensure the accounting of stock having details of existing brands and MRP, etc. The retailers are directed to pay the additional excise duty and VAT for the stock under the possession through treasury challan or online portal for which the demand notice shall be issued by concerned superintendents of excise with intimation to the Commissioner of Excise,� the order stated.

�All wholesale warehouse licensees shall ensure the pasting of new MRP sticker masking the old MRP for the entire stock lying in their possession immediately. The additional excise duty and VAT arising out of difference between new and old MRP shall have to be deposited by wholesale licensees for the stock in their possession through online portal. The demand notice and time period for depositing the same shall be issued by excise department,� the order further stated.

The licensees of bottling plants and breweries are directed to arrange for pasting of new MRP sticker by masking the old MRP on the stock. This order is applicable to all excise products except country spirit.

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Liquor shops closed pending use of new MRP on products

GUWAHATI, May 9 - After the State government�s decision to increase the maximum retail price (MRP) on all segments of Indian Made Foreign Liquor (IMFL), beer, wine and overseas products with immediate effect, the excise department has issued an order to shut down liquor shops until new stickers of MRP are pasted on the old stock.

As per the order, retail vendors are not allowed to sell or lift any excise product till the new MRP is registered by the excise department and duly notified.

�All superintendents of excise shall ensure the accounting of stock having details of existing brands and MRP, etc. The retailers are directed to pay the additional excise duty and VAT for the stock under the possession through treasury challan or online portal for which the demand notice shall be issued by concerned superintendents of excise with intimation to the Commissioner of Excise,� the order stated.

�All wholesale warehouse licensees shall ensure the pasting of new MRP sticker masking the old MRP for the entire stock lying in their possession immediately. The additional excise duty and VAT arising out of difference between new and old MRP shall have to be deposited by wholesale licensees for the stock in their possession through online portal. The demand notice and time period for depositing the same shall be issued by excise department,� the order further stated.

The licensees of bottling plants and breweries are directed to arrange for pasting of new MRP sticker by masking the old MRP on the stock. This order is applicable to all excise products except country spirit.

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