Maharashtra Excise Manual
Part II - Rules, Regulations › Denatured Spirit & Denatured Spirituous
Page 357 of 1109
PNG
Page 357 of 1109

6. Renewal Of licence परवान्याचे नूतनीकरण

(ii) be given credit for the licence fee paid by him under the said rule 5 as it stood prior to such commencement and be entitled to refund, if any, due in proportion to the unexpired period of the licence and the licence fees payable under the amended provisions, which shall be paid to him within a period of two months.

Explanation—For determining the 'difference, if any, in licence fee payable in terms of the said amendment rules', 'credit' to be given and 'refund if any due' mentioned in clauses (i) and (ii) above respectively, the following method shall be adopted:

The licence fee paid under rule 5 as it stood before the commencement of the Bombay Denatured Spirit (Amendment) Rules, 1988, being the fee for a total period of five years, a sum calculated by multiplying the number of complete years of unexpired portion of the period of licence as on the 31st March 1988 by an amount equal to one fifth of the total amount of licence fee already so paid shall be treated as at the credit of such licence-holder. If this amount is less than the annual fee as prescribed in the said amendment rules, the licensee shall have to pay the difference between the amount at his credit and the amount payable under the amendment rules. If the amount at the credit of licensee is more than the annual fee prescribed under the said amendments rules, the licensee shall be entitled to a refund of the differential amount:

Provided further that, where a licence-holder fails to pay the difference, if any, in the licence fee payable in terms of the said amendment rules within a period of two months from the commencement of the said amendment rules, his licence shall be treated as cancelled.

6. Renewal Of licence परवान्याचे नूतनीकरण