new delhi a committee of senior officials assigned with the responsibility of formulating a new excise policy has sought more time from the government to submit its reportthe committee formed in the first week of august after delhi government announced the withdrawal of the contentious policy of 2021 and shifting to the old excise regime for six months was asked to submit its reportsources however said that the ongoing investigations in the new excise policy that was rolled out in november 2021 has led to the delayat a time when the previous policy is surrounded with controversies and being minutely scrutinised its difficult to formulate a new policy it will take at least two more months to complete the exercise said an official privy to the developmentthe committee comprising principal secretary finance principal secretary revenue and excise commissioner as membercumconvener apart from domain experts was formed following approval of the delhi cabinet on august 1 and given a month to submit its report the cabinet had formed another committee with principal secretary finance special secretary it director of women and child welfare department labour commissioner and excise commissioner membercumconvener as its members for smooth transition from the 2021 excise policy to the old regimeexcise policy 202122 was withdrawn after a cbi probe was recommended by lg vk saxena into alleged irregularities in its implementation the old excise regime which came into force from september 1 has been implemented for six months and will be replaced by a new policy formed on the recommendations of the committeewhile the 2021 excise policy was based on licences auctioned only to private operators the old regime is based on the volume of sales with only government corporations allowed in retail businessa senior official said the committee has decided to pick the best features of the 2021 policy and the old excise policy apart from studying the policies of various other states we would not like to go to the government with a policy having features that may invite any controversy later thats why we are waiting for investigations in the 2021 policy to get over said another officialinterestingly the contentious excise policy of 2021 was formed on the recommendations of a group of ministers that had spent a great deal of time studying the policies prevalent in other states a report of a former excise commissioner suggesting sweeping changes to check complaints of pilferage and brand pushing and to check smuggling and bootlegging