Telangana Chief Minister A. Revanth Reddy has directed the revenue earning departments to take steps to achieve the targets of tax collections set for the financial year 2023-24.
The Chief Minister reviewed the progress of tax collections by Commercial Taxes, Excise, Registration & Stamps, Transport and Mines and Geology departments with senior officials on Monday. He pointed out that there was significant gap between the targets set for the Commercial Taxes department and the actuals realised so far and wanted to know about the reasons for such huge gap.
Officials explained to the Chief Minister that the Central Government reimbursed ₹4,000 crore under the GST compensation till last year, but the amount was not reimbursed as the time period for the compensation payment had expired resulting in the difference. Mr. Revanth Reddy directed the officials to take steps to see that non-duty-paid liquor from the neighbouring states is not brought into Telangana.
