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| 100 chronic tax evaders owe Govt Rs 550 Crore | | | Early Times Report
Jammu, Aug 2: The State government has to recover Rs 488.55 crore from 97 defaulters in respect of Commerical Taxes while another Rs 11.71 crore from three defaulters as excise duty and toll tax. This information was given by Finance Minister Abdul Rahim Rather in the Legislative Council in Srinagar today in reply to a question by Abdul Gani Vakil of the Congress. Mr Rather informed the upper house that approximately Rs 488.55 crore is realizable from 97 defaulters in respect of Commercial Taxes department in the state. He said Rs 11.71 crore are realizable from 3 defaulters as Excise duty and Toll tax. However, he said, action for recovery of the tax as required under rules has already been initiated against the defaulters.
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