State targets ₹500-cr excise revenue

QR code to track leakage of revenue in different products

Shillong, Oct 2: The state excise department has set a revenue target of Rs 500 crore for 2024-25 and is going to launch a QR code-based tracking system to plug any leakage.

Excise revenue is increasing every year and this year’s target is Rs 500 crore plus, Kyrmen Shylla minister in-charge Excise told reporters on Tuesday.

Meanwhile, the department is in the process of implementing a QR code based tracking system to further improve its revenue generation by 5 to 10 per cent.

“Completion of the process may take two to three months,” the minister said.

Admitting that the time for holograms used in excise products is over, Shylla said the hologram supplier has been given extension till the time the QR code would be ready for implementation.

Vouching for the QR code, he said there would be no duplicacy of products. 

“This is because one QR code will be for a bottle. If there is any duplicacy, the onus will be on the company concerned,” he said.

He said the new tracking system would not give any space for illegal activities while referring to an incident of bottling of illegal liquor.

Pointing out that present excise product rates are quite below the rate fixed by Assam counterparts, the said there is no question of loss of revenue to the state.

There was concern in the liquor industry due to recent trend of increasing price, bringing it almost on par with neighbouring Assam, resulting in drop in buyers from the neighbouring state.

Assam, being a big state, prices in Meghalaya should not be on par with the neighbouring state, Shylla said.

Hot this week

Pay hike of Assam ministers, MLAs likely as 3-member panel submits report

Full report likely by Oct 30 Guwahati Sept 25: There...

Meghalaya Biological Park Inaugurated After 25 Years: A New Chapter in Conservation and Education

Shillong, Nov 28: Though it took nearly 25 years...

ANSAM rejects Kuki’s separate administration demand, says bifurcation not acceptable

Guwahati, Sept 8: Rejecting the separate administration demand of...

Meghalaya’s historic fiber paves the way for eco-friendly products and sustainable livelihoods

By Roopak Goswami Shillong, Oct 25: From making earbuds to...

Meghalaya man missing in Bangkok

Shillong, Jan 10: A 57-year-old Meghalaya resident, Mr. Treactchell...

Meghalaya bets on solar to power its future

Shillong, June 23: Rooftop solar panels may soon become...

Power to the people: CM puts electricity franchisee on notice over high bills and poor supply

Shillong, June 23: Chief Minister Conrad K. Sangma on Tuesday...

SIR: Mizoram students’ group alleges 121 pc voter surge in Chakma-majority areas

Aizawl, Jun 23: An influential students' group of Mizoram...

Authorities must work harder to protect women, children: Nagaland Minister Kruse

Kohima, Jun 23: Amid growing public outrage over crimes...

MP: Missing NEET candidate found dead a day after exam; probe on

Khargone (MP), Jun 23: The body of a 21-year-old...

Turkey detains 209 in raids in capital Ankara ahead of July’s NATO summit

Ankara, Jun 23: Security forces in the Turkish capital...
spot_img

Related Articles

Popular Categories