Punjab to waive partial annual licence fee for bars, marriage palaces : The Tribune India

Join Whatsapp Channel

Punjab to waive partial annual licence fee for bars, marriage palaces

Licence fee will be waived for April to September period

Punjab to waive partial annual licence fee for bars, marriage palaces

Photo for representation.



Chandigarh, September 30

Punjab Chief Minister Amarinder Singh on Wednesday gave nod for waiver of annual licence fee for bars, marriage palaces, hotels and restaurants for 2020-21 proportionately for April to September.

Agreeing with the recommendations of a Group of Ministers (GoM), the chief minister also gave approval for waiving quarterly assessed fee for April-September, an official statement said here.

The financial implications after 50 per cent waiver of annual licence fees pertaining to the period from April 1 to September 30, 2020 would be to the tune of over Rs 13.55 crore in respect of 1,065 licensee bars in hotels and restaurants, which is half the estimated revenue collection for 2020-2021.

Similarly, for 2,324 licensee marriage palaces, the financial implications would amount to Rs 3.50 crore which would also be half of the estimated revenue collection for 2020-2021, as per the statement.

“In respect of waiving advance quarterly assessed fee on bars’ licences, no implications of financial nature are involved as the waiver would only be on assessed fee collected in advance which is adjustable and now the collection is being proposed to be deferred to the point of purchase by bars,” it said.

Hotel and Restaurant Association of Punjab, Hotel Restaurant and Resort Association, Punjab and the Marriage Palace Association, in their representation to the GoM earlier, had sought relaxation in licence fee and quarterly assessed fee due to the outbreak of COVID-19 pandemic and subsequent imposition of curfew and lockdown, which severely affected their business.

The matter was then discussed with the Excise Commissioner Rajat Agarwal and Financial Commissioner (Taxation) A Venu Prasad, and subsequently referred to the chief minister for approval. PTI

 


Top News

PM Modi targets Rahul Gandhi, says after Amethi, Congress' ‘sahabzade’ will lose Wayanad seat also

PM Modi targets Rahul Gandhi, says after Amethi, Congress' ‘sahabzade’ will lose Wayanad seat also

Modi says some INDIA bloc leaders left the Lok Sabha and mov...

US sanctions Chinese suppliers for providing critical components of Pakistan’s ballistic missile programme

US sanctions Chinese suppliers for providing critical components of Pakistan’s ballistic missile programme

As a result of the action, all property and interests in pro...

Iraq's popular mobilization forces post hit in air strike, sources say

Iraq's popular mobilization forces post hit in air strike, sources say

US official said there had been no US military activity in I...

Indian student's death in US possibly linked to 'Blue Whale Challenge': Report

Indian student's death in US possibly linked to 'Blue Whale Challenge': Report

The 20-year-old, who will remain unnamed here in deference t...


Cities

View All