The finance department of AP-Transco has won the appreciation of the Central Board of Indirect Taxes and Customs (CBIC) of the Ministry of Finance for promptly paying Goods and Service Tax (GST) and filing returns during the two financial years of 2021-22 and 2022-23.
In a review meeting on Sunday, special chief secretary (energy) and AP-Transco CMD K. Vijayanand praised the officers and staff of the finance wing of AP-Transco for their achievement.
Mr. Vijayanand said the AP-Transco’s effective financial management system yielded good results and improved the utility’s overall efficiency. He noted that due emphasis has been laid on cost control, cost reduction and cost effectiveness with one underlying objective—save public money.