• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Business

CIABC Seeks Removal Of Rules Discriminating Against Indian Products In Delhi’s 2023-24 Excise Policy

OMMCOM NEWS by OMMCOM NEWS
January 15, 2023
in Business

New Delhi: The Confederation of Indian Alcoholic Beverage Companies (CIABC) has written to the Delhi government making a strong ‘vocal for local’ pitch as it sought removal of rules that discriminate against Indian-made products and promote imports in the forthcoming excise policy for 2023-24.

Suggesting measures for incorporation in the forthcoming excise policy for the next financial year, the representative body of the Indian alcoholic beverage manufacturers, in its detailed submission to the Delhi government, has urged improvement in ease of doing business rules, rationalisation of wholesale operations, simplification of new product launch process, and digitisation of all operational processes.

Flagging the issue of discrimination against Indian made products and promote imports, the CIABC has stated: “These are regulatory anomalies from the past when India was perceived to be a low-quality producer. For example, the license fee for an imported whisky is Rs 50,000 per year, but if the same product is made in India, it will become minimum Rs 25 lakh. Today when India is producing world-class malt whiskies and craft gins, such rules stick out as simply bizarre. The new excise policy that came into being in November 2021 had addressed these issues but with its withdrawal in toto, the matter is back on table. We hope that the Government offers at least parity, if not preferential treatment, for India-made products.”

On the submissions, CIABC Director General Vinod Giri said: “Every year we approach state Governments with suggestions that would make the alcohol regulation work for the benefit of all stakeholders, i.e., the government, the industry, trade and the consumers. Delhi, being the national capital has its own special needs and we tailor our recommendations to best serve that purpose.”

The CIABC has also recommended opening of world-class private retail shops across the city, reopening of trend-setting airport shops, reducing drinking age to 21, and bringing retail timing and number of dry days in sync with the neighbouring states. For improving ease of doing business, it has sought rationalisation of wholesale operations, simplification of new product launch process, and digitisation of remaining operational processes.

It has also raised the increase in cost of production of raw material needed for producing alcoholic beverages such as ENA, glass, paper, fuel and sought permission to pass it on to consumers as it is done in case of other industries.

Besides suggestions for the upcoming excise policy, the CIABC, in its letter, also seeks resolution to its long-pending request for permission to sell stocks left over at the wholesale due to frequent change in the excise policy during 2021-22 and 2022-23, besides clearance of old overdue payments to companies.

(IANS)

ShareTweetSendSharePinShareSend
Previous Post

Shivraj Chouhan’s Chopper Makes Emergency Landing

Next Post

Golf: Molinari-Led Continental Europe Win Title In Inaugural Hero Cup

Related Posts

Indian stock markets
Business

Indian Stock Markets Stage Sharp Rebound This Week, FII Buying Returns

June 28, 2025
Public Sector Banks
Business

Total Business Of Public Sector Banks Surges To Rs 251 Lakh Crore In 2024-25

June 27, 2025
Economy
Business

Early Months Of FY26 Indicate Resilient Economy, Outlook Remains Positive: Centre

June 27, 2025
RBI
Business

India Clocks Current Account Surplus Of $13.5 Billion In Jan-March Quarter

June 27, 2025
ATM
Business

Key Financial Changes Coming In July: From Aadhaar-PAN Rule To New Bank Charges

June 27, 2025
Stock Market
Business

Stock Market Hits 9-Month High As Sensex Surges Past 84,000, Nifty Nears 25,650

June 27, 2025
Next Post

Golf: Molinari-Led Continental Europe Win Title In Inaugural Hero Cup

Haryana Home Minister Orders Suspension Of Two Cops For Serving Tea To Accused

L-G Doesn't Have Independent Decision-Making Powers: Saurabh Bharadwaj

khimji
OMC
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.