Commercial Taxes Dept told to collect arrears
- Special drive to be launched for Rs 1194 cr
Hyderabad:A�Chief Secretary Dr Rajiv Sharma has directed the Commercial Taxes Department to take special steps to collect Rs 1,194 crore arrears.
The Chief Secretary held a high-level review meeting on Thursday with the Commercial Taxes Department officials at the Secretariat in the wake of demonetization of Rs 500 and Rs 1000 currency notes by the Centre on November 8 and took stock of its financial implications on the State Exchequer. He asked the CT officials to launch a special drive to collect the arrears in a big way through sending messages to the dealers. Wide publicity should be given to ensure that the demonetized money was used in the open market untilA�November 24A�as the Centre extended the date to make use of high value notes, he said, adding that steps have to be taken to seize the assets and conduct auction to collect Rs 838 crores from closed businesses and other institutions.
Dr Sharma said the State Industrial Infrastructure Corporation, HMDA and Housing Boards should file bids in the auction for seizure of the assets. Interacting with deputy commissioners of Commercial Taxes divisions, Dr Sharma directed them to give wide publicity about the defaulters and collect the arrears pending for quite some time. Besides studying the adverse impact of scrapping the high value notes on the department, the officials should focus on the turnover and business of traders and ensure that arrears are collected.
Commercial Taxes Commissioner Anil Kumar said Rs 182 crores had been collected from November 9 to 16. Through special drives the dealers are being encouraged to pay back the arrears, he said, adding that Rs 44 crores was collected by filing 3,244 cases during September and October.