In India, the liquor industry has been the major revenue contributor in most states. The industry is one of the prime sources of excise collection for most of the states in the country. Reportedly, taxes on liquor and beer bring in nearly INR 90,000 crores to state governments annually.
Now we see that the excise collection is a matter of hundreds of billions & arming the revenue stamps with the latest security features is a must. Even plans for new holographic tax stamps in Asia have showcased how holograms have been instrumental in securing alcohol excise revenues globally.
“Tax stamps with holography and digital authetication are effective in preventing tampering, adulteration and poor inventory managemnet finally leading to optimized excise collection”
In 2020, Goa and Rajasthan announced a new excise policy for 2020-21, featuring holographic tax stamps to prevent counterfeits and protect liquor revenues. Even the IHMA (International Hologram Manufacturer Association) highlighted these moves made by the state governments. Enabling revenue stamps with nano-optical holograms make the excise collection process simplistic, and now the state governments have begun to realize the potential of holographic tax stamps.
Let’s figure out the importance of holography in digital tax stamps.
Understanding the Concept of Holography in Revenue Stamps:
One of the significant aims of nano-optic holograms is to ensure completely secured stamps that cannot be fabricated under any circumstances. The holograms in tax stamps ensure that the level of security is par excellence, and none can indulge in tampering with it. Often there are fraudulent activities that can duplicate the stamps, which often leads to tax evasion. However, this factor can be taken special care of with the nano-optical holograms!
Revenue stamps without holograms are prone to mishaps. It is one of the primary reasons state excise authorities and government organizations must consider employing a solution like holograms along with QR codes. Over the years, this system has been developed more so that there is absolutely no scope for tampering. Moreover, the holograms in tax stamps make inventory management easier with the digital tracking feature.
Why Is It Important to Depend on Reliable Names for Hologram Enabled Revenue Stamps?
Now that we have already understood what revenue stamps are and the need for equipping these with holographic solutions, it is also imperative to analyze why you need to depend on professionals and reputable names in the industry. The first reason for this is that the quality of tax stamps cannot be compromised. If enforcement agencies choose to do so, the innate requirement of high security will not be fulfilled. Hence, it is essential to depend on professional revenue stamp manufacturers who know precisely how to go about the process.
The following important factor to keep in mind is applicability. Holostik has been in this domain for years and can develop promising counterfeiting-proof digital tax stamps to simplify and rationalize the excise collection. The primary goal of the revenue stamps is to ensure hassle-free excise collection and avoid tampering. A reliable solution provider will always pay special attention to this factor.
Trust Holostik for High-security Revenue Stamps
“Holostik has set a high precedent by supplying state-of-the-art tax stamps to multiple state excise authorities in India. We have received praises from presigious government organizations across India”
If you are searching for an excellent option for holographic revenue stamps, then it cannot get better than Holostik. The stamps we manufacture with nano-optical holographic images have a resolution of more than 6 lacs dpi. Moreover, our aesthetic and ultra-modern designs boost the brand value of the products.
To know more about smart holographic tax stamps, call us at 9905-124-124 or mail us at marcom@holostik.com
