SI Ticker Tape: Delhi license fee likely to drop


spencers-wine.jpgIn what could come as a piece of good news for consumers and the Indian wine industry, alike, more wine producers will be able to enter the Delhi market if the excise department reduces the existing L-1 license fee on wine. Pictured: Spencer’s, Bangalore, one of the few supermarkets in India where wine is retailed.

According to a report in The Times of India, small-time wine producers may be able to enter the expanding and relatively sophisticated market in Delhi if the excise department reduces the annual L-1 licence fee, part of the entry point tax. At present in addition to a licence fee, the domestic wine producer has to register each of his wine labels by paying an additional charge of Rs 50,000 per label, even before he can sell single bottle of wine. The Indian Wine Association recently had a meeting with Union Minister of Agriculture and Food Processing Industries, Sharad Pawar, and officials in the Delhi government. They proposed amongst other things to make wine available at supermarkets across the country.
Shivani Dogra

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