Tax collection touches all-time high
136 cases of Service Tax evasion detected
Central Excise collection at
Kozhikode: Major achievements of the Customs, Central Excise and Service Tax Commissionerate in Kozhikode are in the spotlight as the office gets ready to celebrate Central Excise Day on Wednesday at a function arranged at YMCA International Cultural complex in the city.
During the first 10 months of the current financial year, the Commissionerate in Kozhikode detected 10 Central Excise cases involving revenue evasion to the tune of Rs.205 lakh.
During the same period, 136 service tax cases involving revenue evasion of Rs.781 lakh were also detected. Of this, Rs.730 lakh has been recovered. This was announced by Central Excise Customs and Service Tax Commissioner S.N. Balakrishnan in Kozhikode on Tuesday.
There was major progress on the duty collection front, Mr. Balakrishnan said. Collection up to January this year rose to Rs.233 crore for Central Excise, Rs.144 crore for service tax and Rs.29 crore for customs.
“This is an all-time high in the Central Excise and service tax area,” the Commissioner said.
At the Central Excise Day celebrations, tax payers who had achieved highest growth in revenue payment would be honoured. Catholic Syrian Bank chairman and chief executive officer R. Venkataraman would be the chief guest.