Odisha Sun Times Bureau
Bhubaneswar, Apr 30:
Mahanadi Coalfields Ltd (MCL), the public sector coal producer, has become the highest payer of central excise duty in Odisha paying a whopping Rs 1621 crore in 2014-15 against a payment of Rs 1033.72 crore in 2013-14.
Rourkela Steel Plant (RSP), a unit of SAIL, ranks second in the list contributing Rs 540.39 crore while Bhushan Steel Ltd of Angul ranks third having forked out Rs 356.14 towards central excise duty.
The other top ten contributors of central excise duty in the state are Rengali based Bhushan Steel & Power (Rs 262 crore), Nalco (Rs 171 crore), Jindal Steel & Power (Rs 135.89 crore), OCL India (Rs 129 crore), Tata Steel (Rs 93 crore), Ultratech Cement (Rs 80 crore) and Brahmani River Pellets Limited (Rs 72 crore).
This was revealed by Susant Kumar Panda, Chief Commissioner, Central Excise, Customs and Service Tax at a press conference here Wednesday.
“Bhubaneswar Zone has collected Rs 8424 crore as indirect taxes during 2014-15. It’s five percent more in comparison to Rs 8032.81 crore collected last year,” Panda informed.
Central Excise duty collection has recorded an increase of 36% in 2014-15 in comparison to last year, he added.
Giving a breakup of the tax collected in 2014-15, Panda said Rs 4680.09 crore has been collected towards Central Excise Duty, Rs 1871.66 crore towards Customs duty and Rs 1872.45 crore towards Service Tax.
He said that in the field of Service Tax, there has been 99% target achievement adding that the marginal shortfall was due to the depressed market conditions in the mining sector.
There are 45,000 tax payers under Bhubaneswar zone, Panda said and hoped that it would cross one lakh. Only 245 Service Tax payers have contributed to 67% of the total Service tax collected, he pointed out and said efforts are being made to bring more number of taxpayers under Service Tax.
In 48 cases of tax evasion traced during 2014-15, evasion to the tune of Rs 484.52 crore was detected and out of that Rs 22.28 crore has been recovered, Panda said.
Tax fraud to the tune of Rs 652.61 crore was detected during audit out of which Rs 49.83 crore has been recovered.
Panda said Rs 121.33 crore was collected in Bhubaneswar zone towards arrear tax dues.
By contributing Rs 104.06 crore towards Service Tax, Hindustan Aeronautics Limited (HAL) has topped the list among Service Tax payers in the zone in the year 2014-15.
With a contribution of Rs 88.93 crore and Rs 66.42 crore, Paradip Port Trust and Triveni Earthmovers have ranked second and third respectively.
BSNL, Dhamra Port, OSL, Bhushan Power & Steel Ltd, Karamchand Thapar & Brothers, Bhubaneswari Coal Mining and Jindal Steel & Power Ltd are among the top ten service tax payers.
Contributing Rs 305.25 crore towards Custom duties, Tata Steel has topped the list among Custom duty powers. SAIL and Indian Oil by contributing Rs 239.34 crore and Rs 168.99 crore respectively ranked second and third among custom duty payers.
IIFCO has contributed Rs 142 crore, JSPL Rs 59.60 crore, Bhushan Steel Rs 100.68 crore, PPL Rs 16.97 crore and NINL Rs 31.57 crore towards custom duties.
Among exporters, Bagdia Brothers ranked number one in payment of taxes by paying Rs 15.41 crore. Other prominent exporters who paid taxes with the Bhubaneswar zone are Kasvi Power & Steel, S M Niryat, MMTC, Kalinga Allied, Rungta Mines, Frigade, Rungta Sons, Liberty Marine Syndicate and Shark Mines.