Chandigarh

17 liquor vends auctioned in UT, 54 still unsold

PNS

The UT Administration has managed to auction 17 liquor vends out of remaining 54 unsold vends on Friday.

In the second round of auction of liquor vends, the Department earned Rs8.61 crore by allotting 17 liquor vends including 10 l-2 (foreign liquor licences) vends and seven country liquor vends.An official of the UT Excise and Taxation Department said 17 liquor vends were auctioned today and the Department earned revenue of Rs8.61 crore.Meanwhile, the bidders have surrendered four liquor vends after the first auction held last month.

The official said, “Four liquor vends has been surrendered by the bidders after the first auction. In the first round of auction held in May, the UT Excise and Taxation Department had managed to sold 119 liquor vends, earning a revenue of Rs92.32 crores.In Chandigarh, there are a total of 173 liquor vends ((99 ordinary, 24 modern liquor shop and 50 country liquor shops) after the current excise policy 2014-15 came into effect from June 1.

After two rounds of auction, a total of 41 liquor vends have remained unsold in the union territory of Chandigarh.