Jammu and Kashmir: Liquor shops to be auctioned from April 15 to 19, 228 shops will be bid

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News Desk, Amar Ujala, Jammu

Published by: Prashant Kumar
Updated Mon, 12 Apr 2021 10:27 AM IST

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Under the brand new Excise Policy, 228 liquor shops in Jammu and Kashmir will be auctioned from April 15 to 19. Every day, completely different districts will bid in accordance to the vary. The Excise Department has launched the net public sale schedule. Also, to take part within the public sale, a deposit of at the least 5 lakh rupees has to be made.

The division stated that the licenses to be auctioned will be efficient from 1 May 2021 to 31 March 2022. The public sale will be executed by means of the Jammu and Kashmir Bank from the e-auction portal of the Excise Department. If a brand new highest H-1 bid is acquired inside 5 minutes earlier than the scheduled time of bidding, the e-auction time will be robotically prolonged by 5 minutes from the scheduled bid.

Such time enhance would be up to 3 times most. Five lakh rupees will have to be paid by means of EMD and the bid will begin from 25 thousand rupees. The highest bidder will get a store license.

learn this also- 72 hours, four operations and 12 terrorists killed

Liquor shops are closed for 3 days to protest in opposition to the brand new excise coverage. The shops will stay closed on Sundays, Mondays and Tuesdays on the name of Jammu Wine Trade Association. Shops remained closed on the primary day on Sunday. Due to this, black advertising and marketing of liquor was additionally executed in lots of locations. People additionally reached the bar due to the closure of shops. Crowd was seen in all of the bars.

Under the brand new Excise Policy, 228 liquor shops in Jammu and Kashmir will be auctioned from April 15 to 19. Every day, completely different districts will bid in accordance to the vary. The Excise Department has launched the net public sale schedule. Also, to take part within the public sale, a deposit of at the least 5 lakh rupees has to be made.

The division stated that the licenses to be auctioned will be efficient from 1 May 2021 to 31 March 2022. The public sale will be executed by means of the Jammu and Kashmir Bank from the e-auction portal of the Excise Department. If a brand new highest H-1 bid is acquired inside 5 minutes earlier than the scheduled time of bidding, the e-auction time will be robotically prolonged by 5 minutes from the scheduled bid.

Such time enhance would be up to 3 times most. Five lakh rupees will have to be paid by means of EMD and the bid will begin from 25 thousand rupees. The highest bidder will get a store license.

learn this also- 72 hours, four operations and 12 terrorists killed

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Liquor shops were closed

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