Amendment status not verified — confirm the current text below against the official source.
Disposal of seized and surrendered stocks of intoxicants and payment for residual stocks - (1) The Excised Commissioner may, on an application made to him in this behalf, within such period as may be fixed by the State Government, order disposal of stocks of intoxicants seized, sealed or surrendered under section 7 in any manner not prohibited under this Ordinance. (2) On the expiry of this period fixed under sub-section (1) stock of intoxicants and disposed of shall vest in the State free from all encumbrances and there shall be paid to the lawfully owners thereof a sum equal to the aggregate of the paid to the lawfully owners thereof a sum equal to the aggregate of the (a) duty paid, if any (b) transportation charges incurred, if any, (c) cost of acquisition in respect of such stocks