Amendment status not verified — confirm the current text below against the official source.
Mode of selection of licensee.— The licence for the manufacture of liquor from cashew juice shall be granted on the basis of an auction to be held in the following manner. (1) Every year there shall be an auction of the right to manufacture liquor from cashew juice in relation to any zone or zones, as between bidders who undertake to manufacture the maximum quantity of liquor from that zone. (2) The licence shall be granted to the bidder who undertakes to manufacture the highest quantity of liquor of 3825o under proof or corresponding quantity of lesser strength. (3) The amount of duty payable on the quantity of liquor undertaken to be produced by the bidder shall be paid by him in two equal installments. The first installment shall be 37 Inserted by Notification No. Fin (Rev)/2-35/AR/723/68 dated 3-08-1968, published in Govt. Gazette, Series I, No. 20 dated 17-8-1968. 38 Substituted by Notification No. Fin(Rev)/CDL/1/71 dated 14-12-1971, published in Official Gazette, Series I, No. 38 dated 16-12-1971. Manual of Goa Laws (Vol. II) – 218 – Excise Duty Act and Rules paid on the spot as soon as his bid is accepted and the second installment within such time as may be prescribed by the Commissioner.