Saturday, June 10, 2023

CEST keen to augment tax collection


Jamshedpur, Feb. 12: The Central Excise and Service Tax Commissionerate (CEST), Jamshedpur, got its new office building on Friday. A well equipped state-of-the-art building with over 105 rooms (offices) was inaugurated on the Outer Circle Road in Bistupur.

Sheo Narayan Singh, chief commissioner of Central Excise and Service Tax, Ranchi zone, inaugurated the four-storied building covering 8000 sq m on a four-acre land. Several senior officials of the Jamshedpur Commissionerate including P K Katiyar, commissioner of Central Excise and Service Tax, Jamshedpur, and several tax payers were present on the occasion.

So far the Central Excise and Service Tax Commissionerate were operating from rented premises in Baradwari. �We are really happy today. It’s a memorable occasion that now we have our own building and premises which will not only streamline our operation but will also help in organizing workshops , seminars and awareness programs for tax payers in regular intervals,” said Singh after inaugurating the new building.

Buoyed by increased tax collection in the 2015-16 financial year, the Central Excise and Service Tax (CEST) CEST is keen to further augment the ongoing awareness drive to achieve more taxes.

�Total collection of revenue of this commissionerate during the current financial (up to January 2016) is Rs. 2,750.96 crore rupees from central excise duty and Rs. 459.19 crore from service tax,� said Sheo Narayan Singh. He also added that Ranchi zone is likely to collect taxes worth Rs. 17000 crore by end of the 2015-16 financial year.

�Our target for the current financial year is 14000 crore rupees and we are all set to collect Rs 3000 crore more than the target figure, the chief commissioner said. Appealing to the businessmen to cooperate the department in revenue generation for the nation building exercise the top CSET zonal authority said regional advisory committee (RAC) is a strong medium to establish effective coordination with the target tax payers.

The new building has four floors which will house offices of five different divisions of Central Excise and Service Tax. The five divisions were earlier operating from Telco, Adityapur, Circuit House Area, Gamharia and Bistupur.

All the five divisions have been merged into the new building. However, another division (Division I) will continue to function independently from an office in Bistupur. The Jamshedpur commissionerate has six divisions.

Superintendent of Central Excise and Service Tax S K Choudhary informed that around Rs 18.63 crore was spent in the building project.

Apart from offices the new building has a conference room and a guest house facility with spacious parking facility for two and four wheelers.

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