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Home Chandigarh

Excise revenue increased by 26%, says Haryana Deputy CM

admin by admin
August 10, 2023
in Chandigarh, Haryana
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IEP Chandigarh, August 9

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Haryana Deputy Chief Minister, Sh. Dushyant Chautala said that in the current excise year so far, despite reducing 100 liquor vends , the Excise Department has collected 26 percent more revenue as compared to last year, which is a record in itself.While addressing a press conference here today, Deputy CM said that last year 2,500 liquor vends were auctioned in 1,250 zones and a revenue of Rs. 5,047 crore as license fees was received from them. This year 100 liquor vends have been reduced and auction of some liquor vends is yet to be done, yet till date Rs. 6,362 crore license fees has been collected as revenue which is 26 percent more than last year. He described this revenue as a record for the first time in the history of Haryana.He said that for the current excise year, auctioning of all liquor vends have been completed, only five zones were pending. It is expected that their auction will also be held today through which additional Rs. 20- 30 crores will be received as revenue. After this, the increase is likely to be 27 percent as compared to last year.Giving more information about the revenue collected by the Excise and Taxation Department in the first quarter, Deputy Chief Minister, Sh. Dushyant Chautala said that due to the untiring efforts of the officers, the revenue is continuously increasing, in the first quarter of this year the revenue is almost equal to that of last year. There has been a significant increase of 21 percent.Sh. Dushyant Chautala, who also holds the portfolio of Excise and Taxation Department, said that in the first 4 months (April-July 2023) of this fiscal year of the Excise and Taxation Department, the state’s tax collection has surged to an impressive Rs. 23,108 crores, a substantial growth of 20.8 percent compared to the corresponding period last year when it stood at Rs. 19,133 crores.He informed that several initiatives have been taken by the Excise and Taxation Department to maximize revenue and reduce leakages.He further said that the collection from Value Added Tax (VAT) has reached Rs. 3,819 crores. While SGST collection (including IGST settlement and SGST compensation) was Rs. 15,229 crore, reflecting an exceptional growth rate of 31.7 percent.

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