Central Excise, Customs and Service Tax, Mysore Zone has collected a total of Rs. 9,361 crore during the financial year 2012-13 through Excise duty, Service Tax and Customs duty, said Chief Commissioner, Mysore Zone, A.K. Prasad, here today.
Addressing a press meet at his office, he said that various taxes were collected from 21 districts coming under Mysore Zone and added that a total tax evasion of Rs.113.62 crore was detected in the zone out of which Rs. 31.6 crore has been recovered from tax evaders.
Prasad also mentioned that the department paid incentives and rewards to any person assisting in the detection of tax evaders and mentioned that the evaders can declare the tax liabilities including the cess from the period of October 1, 2010 to December 31, 2012 and pay to the Government after making a truthful declaration. By doing so, the service provider will be exempted from all the penalties, interest or any penal proceedings that are usually initiated under the Service Tax Act, he added.
“A person intending to make the declaration under Service Tax Voluntary Compliance Scheme has to obtain service tax registration before making such a declaration. To encourage voluntary compliance by the service provider no enquiry or investigations will be conducted against the declarant. The declaration to the designated authority has to be made on or before Dec. 31, 2013. All such declarants under the scheme have to pay less than 50 percent of the tax dues on or before Dec. 31, 2013 and rest by June 30, 2014”, he added. He mentioned that registered service provider who has already furnished service tax returns and disclosed his liabilities but has not paid the disclosed amount of service tax or any part of the amount of service tax will not be eligible to avail VCES. Assistant Commissioners Geelani, J. Darshan, Tej Kumar and Jalaj Sharma were present.
Courtesy : Star Of Mysore