UT wine contractors urge tax parity with Punjab in excise policy
Hindustan Times Chandigarh|December 27, 2024
THE SUGGESTIONS AIM TO BOOST UT'S LIQUOR TRADE, WHICH HAS SUFFERED DUE TO PRICE DISPARITIES
HT Correspondent

CHANDIGARH: The Chandigarh Wine Contractor Association (CWCA) has proposed key changes to the upcoming excise policy 2025-26, urging the UT excise and taxation department to align excise duty and VAT rates with Punjab.

The suggestions aim to boost UT's liquor trade, which has suffered due to price disparities.

The liquor trade in UT has been impacted by the Punjab excise policy.

One of the primary suggestions is to reduce the excise duty and VAT to 1%, equivalent to Punjab, to prevent customers from purchasing cheaper liquor across the border.

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