Karnataka Excise (Excise Duties and Fees) (Third Amendment) Rules, 2024

(cid:315)(cid:175)ೇಷ (cid:170)ಾಜ(cid:205) ಪ(cid:294)(cid:206)(cid:144)ೆ ¨sÁUÀ – 4J 23 20 24 ಪ 01 1946) . 408 Part – IV A BENGALURU, FRIDAY, 23, AUGUST, 2024(BHADRAPADA, 01, SHAKAVARSHA, 1946) No. 408 GOVERNMENT OF KARNATAKA No. FD 4 PES 2024 Karnataka Government Secretariat Vidhana Soudha, Bengaluru, dated:23.08.2024. NOTIFICATION Whereas the draft of the Karnataka Excise (Excise Duties and Fees) (Third Amendment) Rules, 2024, was published as required by sub-section (1) of Section 71 of the Karnataka Excise Act, 1965 (Karnataka Act 21 of 1966) in Notification No: FD 4 PES 2024, dated: 21.06.2024 in Part-IV A of the Karnataka Gazette (Extraordinary) No.301 dated: 21.06.2024 inviting objections and suggestions from all persons likely to be affected within seven days from the date of its publication in the official Gazette. And, whereas the said Gazette was made available to the public on 21st June 2024. And, whereas objections and suggestions received in this behalf have been considered by the State Government. Now, therefore, in exercise of the powers conferred by Sub Section (1) of Section 71 of the Karnataka Excise Act, 1965 (Karnataka Act 21 of 1966), the Government of Karnataka hereby makes the following rules, namely:- RULES 1. Title and commencement:- (1) These rules may be called the Karnataka Excise (Excise Duties and Fees) (Third Amendment) Rules, 2024. (2) They shall come into force with effect from 27th August 2024. (1)2 2. Amendment of rule 2-AE:– In the Karnataka Excise (Excise Duties and Fees) Rules, 1968, (hereinafter referred to as the said rules), in Rule 2-AE, in sub-rule (2), after the proviso, the following proviso shall be inserted, namely:- “Provided further that, any supplier who proposes to increase the Declared Price declared under sub-rule (1) shall submit the following to the Excise Commissioner, namely:- i. The detailed Cost Sheet showing details of items and costs involved in arriving at the Declared Price under this sub-rule, duly signed by the Chief Executive or his Power of Attorney holder of the Distillery/ Brewery/Winery/Supplier and authenticated by a Chartered Accountant/Cost Accountant in practice. ii. The supplier should give an undertaking on a stamp paper to the effect that the Declared Price offered under this sub-rule is the lowest, when compared to the neighbouring States like Telangana, Andhra Pradesh, Tamil Nadu, Kerala, Maharashtra and Goa and in any case, shall not be more than 10% of the Lowest Declared Price offered in the neighbouring States”. 3. Amendment of rule 2-AF:– In Rule 2-AF of the said rules, in sub-rule (1), in the explanation, after clause (b), the following clause shall be inserted, namely:- “(c) after reckoning the Maximum Retail Selling Price, the Additional Rounding-Off Excise Duty (AROED) is charged wherever required at such a rate to ensure that the liquor prices are rounded off to the next Rs.5/-. This AROED shall be part of the MRP build-up just like the Excise Duty and would be included in total Excise Duty payable by the Retailers while issuing invoices. It shall be applicable at such a value and in such a manner that after calculation of MRP, the MRP arrived is exactly a multiple of Rs.5/-”. By Order and in the name of the Governor of Karnataka (M.Rajamma) Under Secretary to Government, Finance Department (CT-2 & Co-ordination)3 IV – i.R.N.I. No. KARBIL/2001/47147 POSTAL REGN. No. RNP/KA/BGS/2202/2017-19 Licensed to post without prepayment WPP No. 297 4 ii. – (AROED) (AROED) (MRP ಮುದ(cid:206)ಕರು (cid:178)ಾಗೂ ಪ(cid:206)(cid:144)ಾಶಕರು:- ಸಂಕಲ(cid:163)ಾ(cid:297)(cid:144)ಾ(cid:312)ಗಳ(cid:133), ಕ(cid:163)ಾ(cid:143)ಟಕ (cid:170)ಾಜ(cid:205)ಪತ(cid:206), ಸ(cid:144)ಾ(cid:143)(cid:312) (cid:144)ೇಂದ(cid:206) ಮುದ(cid:206)(cid:158)ಾಲಯ, (cid:166)ೆಂಗಳ(cid:136)ರು