Jammu registers 26% increase in commercial taxes
Jammu has registered 25.71 per cent growth in revenue, at Rs 2,357.80 crore, from commercial taxes during 2011-12, according to the region`s Commercial Taxes Department.
Jammu: Jammu has registered 25.71 per cent growth in revenue, at Rs 2,357.80 crore, from commercial taxes during 2011-12, according to the region`s Commercial Taxes Department.
This was stated by Minister for Finance and Planning Abdul Rahim Rather here yesterday while chairing a high level meeting held to review the functioning of the department in the Jammu Division.
Discussions were held on various vital issues such as the number of dealers registered, returns filed, assessment under VAT, extra demand under GST, Position of Assessment under GST, detail about Tax Audit and refunds claimed.
The meeting was informed that the department has achieved revenue of Rs 2,357.80 crore during 2011-12, against Rs 1,875.61 crore during 2010-11.
After taking the brief from the Commissioner, Commercial Taxes and Additional Commissioner Commercial Taxes, Rather conducted the detailed review of the functioning of various wings and circles of the department.
While reviewing the functioning of each Commercial Tax Circle, the minister gave specific instructions to the Commercial Tax Officers for making system more trader-friendly so far as honest dealers are concerned.
While discussing the functioning of the checkposts, the Minister stressed upon the need to provide transparent and hassle-free services to dealers.
He, however, instructed the officials that cases of tax evasion should be dealt strictly and also emphasised upon the need for frequent inspections and efficient conduct of Tax-Audit and Audit Assessments.
He assured full support to all the functionaries of the department in the issues pertaining to administration and taxation.
Stating that the Commercial Taxes Department is the backbone of the State’s economic apparatus, he called upon the functionaries of the department to maximise the tax accruals.
Principal Secretary Finance, M I Khandey also hailed the efforts of the Commercial Taxes Department for surpassing the targets.
He said that the outstanding officers will be rewarded to boost their morale whereas the poor performers shall face action.