DIMAPUR, FEB 7 (MExN): With the good news of a hike in the annual plan outlay of Rs 900 crore for the year 2007-08 also comes the other side of the bargain—i.e. make the community pay and increase revenue generation. This was Delhi’s message to Nagaland in particular and to the Northeast in general, while effecting a massive increase in the annual plan outlay for the next fiscal.
Nagaland’s internal revenue generation in 2005-06 was a mere six per cent of the total revenue. The Centre has told the state that charges on water supply and irrigation have to be passed on and “the community has to pay”. The Centre added that development should not be purely based on assistance.
Meanwhile with a view of providing better tax services to the tax payers as well as to ensure timely tax compliance by all, the department of Taxation has launched a “Special Revenue Collection Drives” with effect from February 1st 2007 and will continue up to March 31st 2007.
According to Commissioner of Taxes Dimapur, the drive will focus on areas such as compulsory registration for all liable traders to register and pay tax under the Nagaland VAT Act 2005 and Nagaland Petroleum Act 1967; compulsory use of cash memos/sales invoices at the same time of sales by dealers and compulsory recovery of arrears and demand dues from defaulters.
Under the Nagaland Profession Traders Callings and Employment Taxation Act 1968, it also made compulsory for payment of tax by salary and wage earners, legal practitioners including public notaries; Medical practitioners including medical consultants and dentists; technical and professional consultants including architects, engineers; chartered accountants and accountants etc; dealers under VAT Act 2005 and CST Act, 1956; owner of leases of petrol & diesel filling station; owner of rice/atta/flour/oil mill; holders of permits for transport vehicles Act 1939 used or adopted to be used for hire or reward; banking companies as defined in the Banking Regulation Act, 1949; companies registered under companies Act, 1956 and engaged on any profession, traders or callings; partnership firms engaged in any profession, Trade or Callings; employees of establishments as defined in the Nagaland shop Establishment Act 1985; owners or leasees of beauty parlors and hair cutting saloons, licensees or leasees of training institute of any descriptions such as computer, stenography and type writing.
The department in a press statement requested the Government Departments to deposit deducted tax from suppliers and work contractors on or before March 31, and appealed the trading community to avail tax services by visiting or contacting the nearest District Tax office and ensure timely tax compliance to avoid penal action. It further informed that non-compliance with of the provisions of Sales and Tax Laws enforced in the state shall be penalized and prosecuted as per appropriate section of the Acts.
In order to ensure appropriate accounting into the State Exchequer and also to enable the purchasers to know their contribution to the State Exchequer by way of tax, it also informed the general public to impress upon to demand cash memos or sales invoices at the time of purchase.
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