Excise Dept clarifies on revenue collection

Jammu : The Excise Department Friday said a revenue of Rs. 2045.34 crore, including Rs.36.06 crore from Ladakh, has been realised during the financial year 2019-20. This also includes toll revenue of Rs.727.75 crore realised upto 31st of December, 2019.
Reacting to a news report published in a local daily newspaper, the department clarified that since the abolishing of all the toll posts by the government with effect from January 1, 2020, vide notification SO 59 dated 31/12/2019 and SO 60 dated 31/12/2019 issued by the Finance department, an amount of Rs.1353.81 crore was collected in the financial year 2020-21 as excise revenue by the Excise Department as toll tax, which had already been abolished by the government vide aforementioned SOs.
After implementation of new Excise Policy from 2021-22, a revenue of Rs.1777.37 crore has been collected by the department, Rs.423.56 crore more than the excise revenue realized by the department during the year 2