08 September, 2022 – Chandigarh : The allotment of wholesale liquor licences for Indian-Made Foreign Liquor (IMFL) and Bottled-in-Origin (BIO) brands in Punjab to two companies — Brindco and Anant Wines and Spirits — has come under the Enforcement Directorate scanner.
The AAP government in Punjab brought out its first excise policy in June this year. According to it, each distiller could appoint only one wholesale distributor (L1 licensee). Retailers were barred from getting into the wholesale business (which was allowed under the previous policy). The fee for obtaining an L1 licence was also raised substantially. As a result, both Brindco and Anant Wines got the licence for all major IMFL and some fast-selling beer brands, and the margins allowed to them for retail sale of liquor were increased manifold.
Courtesy : The Tribune