State Taxes Deptt asks traders to disclose minimum daily-sales on average basis - watsupptoday.com
State Taxes Deptt asks traders to disclose minimum daily-sales on average basis
Posted 07 Jun 2019 03:19 PM

Image Source:

Agencies
Taking serious note of various malpractices adopted by business establishments for evading tax like suppression of daily sales, the State Taxes Department initiated a drive to curb the same.
In this regard, Mohammad Shahid Saleem Dar, Additional Commissioner, State Taxes (Administration and Enforcement), Jammu asserted that the Department has received a number of complaints from various quarters that owner of various eateries and other related establishments are not issuing proper bills to consumers.
“Following inputs, the team of State Taxes Department visited popular eateries in Jammu and adjoining areas. On checking their daily-sales, it was found that owners of various eateries are not paying proper taxes,” he said.
Dar said that the team of State Taxes Department observed that ‘Billu Di Hatti’ having two outlets at Gandhi Nagar and Sunjwan, with a daily approximate sale of Rs 45,000, touched annual sales figure of about Rs 1.62 crore, but as per returns filed by owner for year 2018-19, the declared sales were Rs 14,41,000 only, thus suppression of sales to the tune of Rs 1,47,00,000, he said.
“Zamindara Dhaba at National Highway Vijaypur with a daily approximate sale of Rs 55,000 touched annual sale mark of Rs 1.98 crore, but as per returns filed by the entity for year 2018-19, the declared sales were Rs 88,00,000 only thus suppression of sales to the tune of Rs 1,10,00,000. ‘Papa Di Hatti’ having outlet at Gandhi Nagar, with a daily approximate sale of Rs 30,000 touched the annual sale of Rs 1.08 crore. As per returns filed by the entity for year 2018-19, the declared sales were Rs 26,84,000 only thus suppression of sales to the tune of Rs 81,53,000. Hotel Naz having outlet at Residency Road Jammu with a daily approximate sale of Rs 15,000 touched annual sale figure of Rs 54,00,000. As per the returns filed by the entity for year 2018-19, the declared sales were Rs 24,00,000 only with suppression of sales to the tune of Rs 29,00,000. Punjabi Brothers having outlet at Rehari Jammu with a daily approximate sale of Rs 31,000 touched the annual sale of Rs 1.10 crore. As per returns filed by the entity for year 2018-19, the declared sales were Rs 56,98,000 only thus suppression of sales to the tune of Rs 53,00,000. Big Bakers having outlet at Channi, Jammu with a daily approximate sale of Rs 66,000 touched the annual sale figure of Rs 2.38 crore. As per returns filed by the entity for year 2018-19, the declared sales were Rs 1.91 crore only thus suppression of sales to the tune of Rs 46,00,000. Royal Bakers having outlet at Poonch with a daily approximate sale of Rs 25,000 touched annual sale figure of Rs 90,00,000. As per returns filed by the entity for the year 2018-19, the declared sales were Rs 24,00,000 only thus suppression of sales to the tune of Rs 66,00,000. Lambadh Dhaba having outlet at Warehouse, Jammu has daily sales of approximately Rs 17,000 but showing sale of Rs 8,000 only. Similarly, Jangi Fish Corner having outlet at Gandhi Nagar, Jammu has paid one per cent tax instead of five per cent tax thereby evading Rs 1,26,000,” Dar added.
“The department is not against the traders but just wants traders to reveal their daily-sales on average basis through an agreement, so that the taxes can be calculated accordingly and submitted in time without any problem,” Dar emphasised.

Leave a comment: (Your email will not be published)