Delhi govt collects Rs 1,727cr in excise revenue in Q1
The Business Guardian|July 29, 2023
According to documents released by the Delhi government, the excise department recorded a remarkable increase in revenue collection during the last fiscal year, reaching Rs 6,815.49 crore (excise and VAT).
Delhi govt collects Rs 1,727cr in excise revenue in Q1

This marked a substantial surge from the revenue collection of Rs 4,587.58 crore in 2021-22. The noteworthy achievement is even more impressive considering the transition from the now-scrapped new liquor policy to the old excise regime. Despite this change, the Delhi excise department managed to report a 20 percent rise in liquor sales for the fiscal year 2022-23 compared to 2021-22.

The data provided by the Delhi government revealed astounding figures for the first quarter of 2022-23. There was a staggering 258.63 percent increase in revenue collection and an impressive 246.72 percent increase in liquor sales during this period. The total revenue collected between April and June 2022-23 amounted to Rs 1,727.61 crore, with liquor sales reaching 22.71 crore bottles. In contrast, during the same period in 2021-22, the revenue collected was Rs 481.72 crore, and liquor sales stood at 6.55 crore bottles.

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