Commercial Taxes Dept to Launch Action Plan

In an attempt to shore up revenue and tax collection, the Commercial Taxes Department will launch a 100-day action plan from May 1.

In an attempt to shore up revenue and tax collection, the Commercial Taxes Department will launch a 100-day action plan from May 1.

Finance Minister K M Mani announced the action plan at an evaluation meeting of the Joint Commissioners and Deputy Commissioners of the Commercial Taxes Department held here the other day.

The audit assessment wing whose functioning was suspended in 2009 would restart functioning from May. Economics Intelligence Wing would be formed to check tax evasion.

The wing will collect details of tax collection by Union and State departments and compare with the returns submitted by the merchants.

The cases pending before the appeal authorities of the Commercial Taxes Department would be settled in a speedy manner.

The inspection at the checkposts would be made strict and the vehicles of those who failed to submit returns and who having tax arrears, will be detained at the checkposts.

Checking by Intelligence wing would be made strict to prevent illegal transport of goods through railway and passenger vehicles.

Investigators would be entrusted to seize those products that are illegally transported. Strict action would taken against those who evade tax by submitting false returns and those who make lapses in filing returns.

Five guidelines have been fixed for selecting tax returns which would be subjected for scrutiny.

The criteria are: total turnover is below 80 per cent of purchase, the growth in taxable turnover e is less than 10 per cent compared to the previous year, considerable increase in the non-taxable turnover compared to the previous year, more than 20 per cent increase in the sale of products on which tax rate is low and increase in input tax reverse ratio related to stock transfer. 

Good service entry will be given to the officials who achieve target in tax collection and show outstanding performance. Those officials who deliberately make lapses in their duty would face strict action.

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