My company’s Rectified Spirit (RS) license, L1, needs renewal. The State Excise Department is asking for a security deposit bond but hasn’t mentioned the amount. Under the relevant act, how much should I deposit?

The amount of security deposit for your Rectified Spirit (RS) license renewal depends on the specific rules and regulations set by the State Excise Department in your region. You should refer to the relevant state excise act and the rules framed under it for the exact amount. Contact the department directly for clarification.