https://www.taxtmi.com/news?id=36050 The Excise Policy-2025 26 directs closure and licence review for liquor shops near religious places, abolishes sub-shops and metro sales, enforces MRP with licence cancellation for over-pricing, and limits bulk licences to state residents. It reforms allotment via renewal, lottery and maximum-offer, raises excise revenue targets, reduces export duty, and grants excise duty exemptions and special facilities to encourage local wineries and malt/spirit industries while promoting local agricultural sourcing and public awareness campaigns. en-us Tue, 04 Mar 2025 15:31:04 +0530 Tue, 04 Mar 2025 15:31:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=36050 The Excise Policy-2025 26 directs closure and licence review for liquor shops near religious places, abolishes sub-shops and metro sales, enforces MRP with licence cancellation for over-pricing, and limits bulk licences to state residents. It reforms allotment via renewal, lottery and maximum-offer, raises excise revenue targets, reduces export duty, and grants excise duty exemptions and special facilities to encourage local wineries and malt/spirit industries while promoting local agricultural sourcing and public awareness campaigns. News - Tue, 04 Mar 2025 15:31:04 +0530 https://www.taxtmi.com/news?id=36050