Licensee Registration and Annual Fees Quiz

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What is the role of L-1B1 licensees in relation to excise duty on beer/wine permits?

They only pay excise duty when renewing the license.

They are required to pay excise duty while obtaining permits. (correct)

They pay excise duty only if their annual sale exceeds a certain limit.

They are exempt from paying excise duty.

In determining the rates to be charged by L-1B1 licensees, what factors may the Excise and Taxation Commissioner consider?

The rates for similar products in other states and profit margin/value addition. (correct)

The length of time the license has been held.

The personal preferences of the licensees.

Only the production costs of the products.

Under what circumstances can brewers sell draught beer directly to bar licensees without routing it through L-1/L2?

If they are selling kegs of different sizes. (correct)

If they have an L-1W license.

Only if they have held the license for more than 5 years.

If they hold an L-1B1 depot permit.

What type of license is required for local manufacturers of wine?

L-1W Signup and view all the answers

What is the fixed annual fee for a new wholesale license for RTB in case the annual sales are between 1 Lakh BL and 4 Lakh BL?

Rs.20 Lakh Signup and view all the answers

When is a wholesale license for RTB granted at a fixed annual fee of Rs.50 Lakh?

For annual sales exceeding 5 Lakh BL. Signup and view all the answers

What must wholesale licensees declare at the time of premises approval?

The storage capacity of their liquor godown Signup and view all the answers

What must wholesale outlets of IMFL (L-1) obtain to receive supplies?

Permits/passes from the concerned excise officer Signup and view all the answers

From which licenses can wholesale outlets of IMFL (L-1) receive their supplies?

L-1B, L-1B1, L-1AB, L-1AB1, L-1BF, L-1-B1-A & L-1W Signup and view all the answers

How can wholesale outlets of IMFL (L-1) make sales to retail outlets of IMFL (L-2)?

On the strength of permits/passes issued by the concerned excise officer Signup and view all the answers

If an L-1 licensee is found indulging in illegal or clandestine sale of liquor, what can be recovered from the security deposits of their retail outlets (L-2)?

The amount due on account of penalty and additional excise duty Signup and view all the answers

What is the minimum penalty that may be imposed if the shortage in stock in an L-1 godown is found to be between 15,000 PL and 30,000 PL?

1.5 times the additional excise duty payable on such stock Signup and view all the answers

What is the annual license fee for the L-1AB1 license in the policy year 2023-24 if the annual sale from L-1AB1 in the policy year 2022-23 is more than 100 Lakh BL?

Rs. 150 Lakh Signup and view all the answers

What is the basic quota of Imported Foreign Liquor (BIO) to be allocated to L-2BF retail licensees in the State?

12 Lakh cases Signup and view all the answers

By how much can the basic quota of Imported Foreign Liquor (BIO) be increased by the ETC (FC)?

Up to 50% of the basic quota Signup and view all the answers

Which of the following statements is correct regarding the wholesale license of Imported Foreign Liquor, Bottled in Origin (L-1BF)?

The L-1BF license is granted on application. Signup and view all the answers

What is the requirement for the licensee if the sale of L-1AB1 in the policy year 2023-24 exceeds the higher threshold prescribed in the categories?

The licensee shall be required to pay the annual license fee for the next higher category. Signup and view all the answers

What is the requirement for the licensee to get the brands registered as mentioned in the text?

The licensee is required to get the brands registered as mentioned in para 8.6. Signup and view all the answers