Cesu, Idco and works dept biggest holding tax defaulters

BHUBANESWAR: Three top businesses of the state government - the Central Electricity Supply and Utility (Cesu), the Industrial Infrastructure Development Corporation (Idco) and the works department - are major defaulters of protecting tax, officers mentioned.
The Bhubaneswar Municipal Corporation (BMC), which is creating a last-minute effort to mop some protecting tax as the top of the financial yr looms, disclosed that the dues of the three businesses in combination amounted to around Rs 12 crore.

The Cesu and Idco have dues of around Rs 7 crore while the works department is but to pay Rs five crore.

Two days in the past, the works department's dues had been around Rs eight crore however it managed to deposit Rs three crore in the intervening time, mentioned BMC deputy commissioner Srimanta Mishra.

So far, the BMC has gathered Rs 23 crore as protecting tax. It has set a target to generate Rs 45 crore from protecting tax by means of the top of March.

"We are giving regular reminders to government and private agencies, asking them to pay their dues at the earliest. We will not fall short of the target," Mishra mentioned.

On January 17, the civic body had slapped a red-letter understand (a last caution) to 284 other people, including house owners of houses, companies and establishments, for failing to pay protecting tax. It had given them time till March 31 to pay up or face the Odisha Public Demand Recovery Act, 1972, which mandates institution of cases towards defaulting individuals and restoration of dues by means of confiscation of assets.


"The red-letter notice helped us collect around Rs 10 crore in dues," mentioned an officer.


Holding tax is an important revenue part and is gathered from individual, private and government businesses on the foundation of the plinth area of the house, retail outlets, commercial establishments, instructional establishments and workplace constructions. In the final fiscal, it generated about Rs 35 crore for the civic body.


Works secretary Nalini Pradhan mentioned they might pay the remainder dues inside the stipulated time.


"We have calculated the dues and I have instructed the officers concerned to clear them before March is over," the secretary told TOI.
Cesu, Idco and works dept biggest holding tax defaulters Cesu, Idco and works dept biggest holding tax defaulters Reviewed by Kailash on March 08, 2018 Rating: 5
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