Commercial tax collection of Orissa
Central Sales tax, Commercial taxes, Entertainment tax, Professional tax, Taxes, VAT Comments Off on Commercial tax collection of OrissaFollowing is an excerpt from a report in Pragativadi.
The state government has set an ambitious target on collecting commercial taxes to the tune of Rs 6,100 crore during the current fiscal.
… the target collection would be about 16.81 per cent more than the last year’s collections.
… The state government was able to collect Rs 5,222 crore during 2007-08, including Rs 380 crore received from the Centre towards the compensation for reduction of Central Sales Tax (CST).
The collections from value added tax (VAT), central sales tax (CST), entry tax, entertainment tax and professional tax was Rs 4,842 crore during last fiscal. The target fixed for collection for 2007-08 was Rs 4,641 crore.