Top auto dealers evading VAT

Rs 76.9 crore outstanding to State government: Ajanta

VAT YET TO BE RECEIVED
*    Rs 20 lakh & Rs 5075.65 lakh from Tata’s authorised vehicle dealers Abhishek Motors & Ghosh Brothers respectively.
*    Rs 5.11 lakh, Rs 31.62 lakh & Rs 151.15 lakh from Maruti Suzuki’s authorised vehicle dealers Amika Motors, Progressive Motors and Saikia Auto respectively.
*    Rs 24.44 lakh & Rs 2382.50 lakh from Mahindra & Mahindra’s authorised dealers Smart Motors and Pibco respectively.

BY OUR STAFF REPORTER

GUWAHATI, March 30: Some top vehicle dealers or authorized agencies in Assam have evaded payment of Value Added Tax (VAT) to the tune of lakhs of rupees to the State government. This was revealed in the ongoing budget session of the Assembly on Monday.

On behalf of Chief Minister Tarun Gogoi additiolly holding charge of Fince, minister Ajanta Neog said the State government is yet to receive Rs 7,690.47 lakh as VAT from some vehicle dealers or authorised agents based in the State. Neog was replying to a question raised by AGP MLA Utpal Dutta on the issue.

“Rs 20 lakh and Rs 5,075.65 lakh as VAT are yet to be received from Tata’s authorised vehicle dealers Abhishek Motors and Ghosh Bros respectively; Rs 5.11 lakh, Rs 31.62 lakh and Rs 151.15 lakh as VAT from Maruti Suzuki’s authorised vehicle dealers Amika Motors, Progressive Motors and Saikia Auto respectively; and Rs 24.44 lakh and Rs 2,382.50 lakh as VAT from Mahindra & Mahindra’s authorised dealers Smart Motors and Pibco respectively,” Neog informed.

The minister said that Rs 27,46,08.38 lakh revenue was collected (from 2005 to Dec 2014) by the State government from the motor vehicle companies under the Value Added Tax (VAT) Act. “Action has been initiated to realize the outstanding dues as per provision of the VAT Act,” Neog informed.

Top Headlines

No stories found.
Sentinel Assam
www.sentinelassam.com