Delhi Govt constitutes committee to augment revenues from excise duty

New Delhi, Sep 9 (UNI) Delhi Deputy Chief Minister Manish Sisodia on Wednesday constituted a committee under the chairmanship of Excise Commissioner to suggest measures for augmenting the state excise duty revenue.

This committee will also suggest measures for simplifying the liquor pricing mechanism and checking malpractices and evasion of duty in the liquor trade.

The committee will also look into changes in excise duty structure that will aid in ease of doing business for the restaurant and hospitality industry in Delhi.

This committee will study and make suggestions to improve the business of this industry so that more jobs can be generated which will, in turn, help the economy of Delhi to grow.

The committee constituted under the chairmanship of Excise Commissioner will have Deputy Commissioner (Excise) Sandeep Mishra and Additional Commissioner (T&T) Anand Kumar Tiwari as members.

The Delhi government is working round the clock to make Delhi a business-friendly city, therefore, giving a major focus on promoting the restaurant and hospitality industry. The committee will submit its report to Mr Sisodia within the next 15 days.

The hotel and hospitality industry has been one of the worst affected industries during the COVID pandemic. Millions of people work in this industry and this industry produces about eight per cent of the jobs in Delhi. But the pandemic has devastated this industry. The situation has not only affected the employment but also reduced the revenue of the Delhi government.

This committee, formed under the direction of Mr Sisodia, will formulate policy to generate more jobs in the restaurant and hospitality industry and to boost the business of this industry.

The Delhi government wants the business of this industry to grow rapidly, which will generate employment and also contribute to the economy of Delhi.

The committee will hold consultations with stakeholders and it is also authorised to consider the representations received by the government on the above issue. The committee will submit its report within two weeks.

The committee will give its report on these points-augmenting the state excise revenue,simplifying the liquor pricing mechanism,checking the malpractices and evasion of duty in liquor trade,ensuring equitable access to liquor supply, and to transform the nature of liquor trade commensurate to the changing stature of the National Capital.

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