Digital payments mandatory for liquor purchases above Rs 1,000 in Tamil Nadu from November 1: Check what changes
Tamil Nadu’s state-run TASMAC will make digital payments mandatory for liquor purchases exceeding Rs 1,000 from November 1. Customers can pay through UPI, debit cards or credit cards, while cash payments will remain an option for purchases within ...
Quoting an official circular, a senior official from the Tamil Nadu State Marketing Corporation (TASMAC) said on Tuesday that the state currently operates 4,048 retail liquor shops.
"While options for UPI, debit, and credit cards are already available, a vast majority of transactions continue to happen in cash," he said, adding, "Handling large amounts of physical currency daily has created significant operational hurdles for shop staff, including safety risks during cash transit, account discrepancies, and the risk of counterfeit currency."
Stating that the state administration has received repeated public complaints regarding overcharging above the Maximum Retail Price (MRP), the official said transitioning to digital payment systems allows every transaction to be logged in real time with precise timestamps and amounts, effectively preventing overcharging and directly crediting sales revenue into official bank accounts.
The digital payment mandate will roll out in phases. From November 1, any single purchase valued over Rs 1,000 must be paid using digital modes such as UPI, debit or credit cards, he said.
"Customers purchasing within these limit amounts will retain the option to pay via cash or digital means. To maintain strict control, TASMAC has strictly banned staff from accepting payments via personal QR codes or individual bank accounts," he said.
Asserting that any violation of the new rule will result in severe disciplinary action against the concerned employees, the TASMAC official said, "The outlet supervisors are instructed to issue physical bills for every purchase and hand over liquor bottles only after verifying the transaction on official POS machines."
"To ensure smooth implementation, all shops will display prominent 2x3 feet notice boards informing customers of the rules," he said, adding, "The district managers have been tasked with auditing POS machinery, ensuring proper network connectivity, and conducting weekly reviews to oversee the transition."
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.