HYDERABAD: Confusion reigned supreme on Thursday at liquor stores as the new prices came into effect. Several liquor shop owners struggled with price confusion and panchanama (verification of records and stock) of existing liquor stock, as trade watchers said sales are likely to return to normal after 2-3 days due to billing delays.
While the excise department issued orders for the third time revising the liquor prices — post-formation of the state — on Thursday, owners of liquor stores have been instructed to complete the liquor stock evaluation in the presence of excise officials. Telangana has 2,620 licensed liquor stores and 1,100 clubs and bars. With the increase in prices, the monthly income is set to touch 180 crore.
