Saturday, February 8, 2025
6.6 C
Srinagar

Central Enforcement Team (Kashmir) of STD realizes penalty of Rs. 1.41 crore for GST violations

Srinagar: In a significant achievement to put curbs on tax defaulters, the Central Enforcement Wing of State Taxes Department Kashmir has imposed penalties worth Rs. 1.41 crore against tax violations in the ongoing financial year 2024-2025 in the UT.

The tax impositions have witnessed 27% increase compared to previous financial year 2023-2024 from April to November, with the penalties this fiscal year been realized from erring traders transporting goods in contravention of GST Act and Rules.

Significant increase has been witnessed especially since September 2024. The September 2024 witnessed increase of 50% while as October and November 2024 witnessed increase of 113% and 24% respectively compared to the previous financial year.

The enforcement drives organised under the supervision of Commissioner State Taxes, P K Bhat were led by Deputy Commissioner State Taxes Enforcement Central Kashmir, Waseem Raja.

Waseem revealed that in future the drive against tax violations will be intensified to achieve further deterrence.

Round the clock enforcement activities are conducted by three different teams of Central Enforcement Kashmir in three central Kashmir districts, namely Srinagar, Ganderbal and Budgam under the supervision of state Taxes officers supported by other field staff including inspectors, sub inspectors and Guards.

The Enforcement team deployed at Srinagar airport led by STO achieved significant milestone by realizing huge penalties against tax defaulters. The high risk commodities such as metal, scrap, Cement, Marble, Plywood, Timber, TMT bars were targeted during the drives.

In round the clock enforcement activities conducted across the three districts of central Kashmir over three lakh e-way bills were verified which shows the increase of 27% compared to previous financial year 2023-2024 from April to November

Hot this week

KHALIDA SHAH TO TURN TABLE AGAINST DR FAROOQ ABDULLAH

By: R C GANJOO RC GANJOOIn the hubbub of the...

JK Govt approves diversion of forest land for 29 Water Supply Schemes

Rana asks for aggressive compensatory afforestation to arrest ecological...

Kulbhushan Kumar’s “Hearts and Heroes” Celebrates Visionaries and Change-Makers

Srinagar, 07-Feb: Kulbhushan Kumar, a renowned civil servant and...

ACS reviews educational scenario of Kashmir division

Emphasis adoption of moral, quality education, innovative methods Srinagar: Additional...

Mysterious Illness In J&K’s Rajouri: 38 Patients Discharged After Complete Recovery

Jammu:  Thirty-eight patients, who were admitted to different hospitals...

Topics

KHALIDA SHAH TO TURN TABLE AGAINST DR FAROOQ ABDULLAH

By: R C GANJOO RC GANJOOIn the hubbub of the...

JK Govt approves diversion of forest land for 29 Water Supply Schemes

Rana asks for aggressive compensatory afforestation to arrest ecological...

Kulbhushan Kumar’s “Hearts and Heroes” Celebrates Visionaries and Change-Makers

Srinagar, 07-Feb: Kulbhushan Kumar, a renowned civil servant and...

ACS reviews educational scenario of Kashmir division

Emphasis adoption of moral, quality education, innovative methods Srinagar: Additional...

Mysterious Illness In J&K’s Rajouri: 38 Patients Discharged After Complete Recovery

Jammu:  Thirty-eight patients, who were admitted to different hospitals...

Lieutenant Governor visits National Book Trust’s World Book Fair at New Delhi

New Delhi: Lieutenant Governor Shri Manoj Sinha today visited...

WAVES Comics Creator Championship

A Historic Platform for India’s Comic Talent IntroductionThe Comic Creator...

J&K Police to restore security cover for Mirwaiz Umar Farooq After Delhi Visit

Srinagar:  The Jammu and Kashmir Police is considering to...
spot_img

Related Articles

Popular Categories

spot_imgspot_img