This is further subject to security deposit of Rs. 2,00,000/- (Rupee Two Lakhs) only in the form of Bank Guarantee. 1.2 L-53 licence so issued shall be for the grant of rights to sell Beer/Mixed Alcoholic Beverages, subject to payment of special duty, assessment fee, vend fee and other duties and levies as would be prescribed by the Excise Department. 2.