Licence Fee And Fixed Fee - Definition - Law Dictionary

Definition :

Licence fee and fixed fee, the term 'licence fee' in the context of the U.P. Excise Law connotes the idea of it being the consideration in money receivable by the Government from a private person by grant of a licence (contract), for parting in such person's favour, its exclusive privilege or right of carrying on certain activities in respect of country liquor or drugs under 'auction system' in public auctions, and the term 'fixed fee' is a fee determined by the Excise Commissioner, in lieu of 'licence fee', State of U.P. v. Sheopat Rai, AIR 1994 SC 813. (1994) Supp 1 SCC 8. [U.P. Excise Act, 1910 s. 24A; U.P. Excise Rules, 1910, R. 2(1)]