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[Cites 0, Cited by 0] [Section 239] [Entire Act]

State of Assam - Subsection

Section 239(7) in The Assam Excise Rules, 2016

(7)The Advisory Committee shall recommend the tender offering the Highest Vend Fee Factor(HVFF) calculated by multiplying the Vend Fee offered by the tenderer with that of the Minimum Guaranteed Quota (MGQ) of Country Spirit in a year as offered by the tenderer for that particular country spirit shop.