Punjab government renews its existing excise policy
Kanwar Inder Singh/ royalpatiala.in
Punjab government has renewed its excise policy of financial years 2021-22 for three months, i.e from 1-4-2022 to 30-6-2022. A notice is this regards has already been issued to all the deputy excise and taxation commissioners (excise) , assistant excise and taxation commissioners (excise) with post facto approval to be taken in Punjab cabinet.
As per the available information, today’s cabinet has approved the excise policy extension by three months. The government is going to change the excise policy after June 30,2022 to bring in more revenue to the state treasury., as excise is a major source of revenue generation of the state.
royalpatiala.in had already highlighted on March 18,2022 that Punjab cabinet is going to approve the state excise policy in its first meeting
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