Liquor in Uttar Pradesh will become expensive from April 1 this year, as the Uttar Pradesh Cabinet has cleared the new excise policy for the year 2023-24 with an aim to raise Rs 45,000 crore in revenue from the liquor business.
The policy was cleared in the state cabinet meeting chaired by Chief Minister Yogi Adityanath on Saturday.
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In the new policy, the state has increased the license fee of foreign liquor, beer, ‘bhang’, and model shops by 10 per cent.
Licence fee and security have been increased for bonded warehouse licenses (BWFL-2A, 2B, 2C) of foreign liquor, beer and wine.
The registration and renewal fees of the master warehouses have also been increased.
The state government has also increased the licence fee for hotels/restaurants and club bars selling liquor within 5 km of Lucknow Municipal Corporation.
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The Excise Policy for the year 2023-24 was promulgated with the objectives of earning maximum revenue for adequate financing of major government projects and providing stability to the liquor business while making the policy attractive, a statement said.