New rule for liquor sale in Delhi, massive losses coming soon
New Delhi : Selling liquor is one of the serious businesses to be done. Sale on only New Year's eve amounts to a whopping sum of Rs 30 crores. While, people buy liquor amounting to Rs 4000 in a year; this is one of the prime reasons why any small policy change can put a lot of money at stake.
Under a new order issued by the Delhi government, all liquor stock older than 8 years will not be allowed for sale. And all of it must be destroyed before August 31. The excise department has 'pegged' its move at checking pilferage, refilling, bootlegging, adulteration and ensuring good quality drinks for customers.
Several restro-bars, however, have shown displeasure over the order as they claim that the new time cap will increase corruption and limit premier brand options for guests.
They are still trying to figure where and how they will destroy unsold stocks. Many hospitality bodies are already pushing hard for a rollback, saying the move will trigger massive losses. Nothing doing, the excise department has said so far.
If anyone is found selling liquor older than 8 years then the authorities will have a right to impose heavy penalty and even cancel their license.
"The above directions should be strictly complied with. Any violation thereof may entail suspension and/or cancellation of the excise licence and black-listing," the order said.