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  Business   In Other News  08 Sep 2017  Liquor sale should be made only against digital payment: CAIT

Liquor sale should be made only against digital payment: CAIT

PTI
Published : Sep 8, 2017, 2:11 pm IST
Updated : Sep 8, 2017, 2:11 pm IST

Any person purchasing liquor from any shop should be made obligatory to make payment through digital mode.

CAIT has said linkage of digital payments with sale of liquor could also curb black money to a great extent.
 CAIT has said linkage of digital payments with sale of liquor could also curb black money to a great extent.

New Delhi: The sale of liquor should be allowed only against payment by digital mode, traders body CAIT on Friday suggested the government.

In a letter to Finance Minister Arun Jaitley, Confederation of All India Traders (CAIT) has said the linkage of digital payments with sale of liquor could also curb black money to a great extent.

 

"Any person purchasing liquor from any shop should be made obligatory to make payment through digital mode," it said, adding that liquor sale is largely carried out in cash.

It said that in 2015, it was estimated that the sale of spirits, wine and beer was about Rs 1.5 lakh crore and this industry is growing at about 30 per cent per year.  

Tags: liquor, sale, digital payment, cait, arun jaitley
Location: India, Delhi, New Delhi