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Pvt schools to pay commercial tax on sale of uniforms, stationery
Private school managements in Telangana brace up to pay commercial tax on the sale of school uniforms, shoes and stationery on the school premises. The Telangana Commercial Taxes Department which decided to collect commercial taxes from Hyderabad schools would extend it to all the districts in the State.
Hyderabad: Private school managements in Telangana brace up to pay commercial tax on the sale of school uniforms, shoes and stationery on the school premises. The Telangana Commercial Taxes Department which decided to collect commercial taxes from Hyderabad schools would extend it to all the districts in the State.
“Hyderabad is taken as the pilot project and this will be extended to all the private schools in the State. Nodal officers have been appointed to overlook the tax collection in Hyderabad. Currently, the department is understaffed and hence we took it on the project basis,” P Viswa Kiran, Deputy, CTO (Enft), informed.
The move by the department comes in to plug in the leakages with respect to the tax collections. The schools in Hyderabad were directed to comply with the norms of paying commercial taxes on the sale of school uniforms, shoes and stationery material. As sales done in the schools were not reported with proper tax compliance, the Commercial Taxes Department directed the managements of city schools to adhere to the norms, in a meeting.
A department official said there were two types of schools i.e., schools which sell material directly to the students and schools which allow the vendors to setup stalls in the schools. The school managements were directed to fill the proforma which includes school name, address, TIN number, name of the vendor, value of the goods and tax, if paid. The schools were told to submit the proforma in the month of September every year.
The department was in the view that to achieve the Bangaru Telangana State, all the lacunae have to be filled and generate as much revenue as possible for the State exchequer. “Not just in the commercial taxes, there are several leakages in the income tax, sale taxes etc. Whenever tax comes in place, people intend to avoid it.
In order to achieve the Bangaru Telangana all those leakages should be plugged in and revenue should be generated for the state exchequer,” said Viswa Kiran. All these schools have been evading the commercial taxes and the government of the erstwhile Andhra Pradesh State had forgo the taxes which actually was a loss to the State’s exchequer.
By:Yuvraj Akula
