Podcast
Questions and Answers
What is the role of L-1B1 licensees in relation to excise duty on beer/wine permits?
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?
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?
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?
What type of license is required for local manufacturers of wine?
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?
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?
When is a wholesale license for RTB granted at a fixed annual fee of Rs.50 Lakh?
When is a wholesale license for RTB granted at a fixed annual fee of Rs.50 Lakh?
What must wholesale licensees declare at the time of premises approval?
What must wholesale licensees declare at the time of premises approval?
What must wholesale outlets of IMFL (L-1) obtain to receive supplies?
What must wholesale outlets of IMFL (L-1) obtain to receive supplies?
From which licenses can wholesale outlets of IMFL (L-1) receive their supplies?
From which licenses can wholesale outlets of IMFL (L-1) receive their supplies?
How can wholesale outlets of IMFL (L-1) make sales to retail outlets of IMFL (L-2)?
How can wholesale outlets of IMFL (L-1) make sales to retail outlets of IMFL (L-2)?
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)?
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)?
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?
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?
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?
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?
What is the basic quota of Imported Foreign Liquor (BIO) to be allocated to L-2BF retail licensees in the State?
What is the basic quota of Imported Foreign Liquor (BIO) to be allocated to L-2BF retail licensees in the State?
By how much can the basic quota of Imported Foreign Liquor (BIO) be increased by the ETC (FC)?
By how much can the basic quota of Imported Foreign Liquor (BIO) be increased by the ETC (FC)?
Which of the following statements is correct regarding the wholesale license of Imported Foreign Liquor, Bottled in Origin (L-1BF)?
Which of the following statements is correct regarding the wholesale license of Imported Foreign Liquor, Bottled in Origin (L-1BF)?
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?
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?
What is the requirement for the licensee to get the brands registered as mentioned in the text?
What is the requirement for the licensee to get the brands registered as mentioned in the text?
