No takers for nine liquor vends in Chandigarh
Excise and Taxation Department holds 10th round of auction
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Not even a single bidder expressed interest in the allotment of the remaining nine liquor vends put up for the 10th round of auction by the UT Excise and Taxation Department here today.
The department managed to auction only two liquor vends out of 11 in the auction on May 29.
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During the auction held on May 26, the department was able to sell only one liquor vend out of 11 during the eighth round and earned a revenue of Rs 3.51 crore. One of the allottees withdrew later.
Earlier, it managed to allot one liquor vend in the seventh round of auction held on May 22. In the fifth round of auction held on May 14, the department was able to allot six liquor vends out of 17 units.
On April 21, 48 liquor vends, the licences of which were cancelled for the non-payment of bank guarantee, were put up for auction. It managed to find bidders for only 20 liquor vends.
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