Indian Polity · Polity
In the context of excise jurisprudence in Uttar Pradesh, how is a 'License Fee' characterized under the Rental Theory?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1A social security surcharge applied to retail spirit prices
- 2An administrative charge to recover operational costs of the Excise Department
- 3A mandatory tax levy based on the volume of intoxicants produced
- 4Consideration for the State Government parting with its exclusive privilege✓
Correct answer
Consideration for the State Government parting with its exclusive privilege
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