Maharashtra will soon achieve Rs one lakh cr sales tax : CM Devendra Fadnavis

The GST will bring greater transparency and accountability in the system: Fadnavis

By: Express News Service | Mumbai | Published:October 1, 2016 7:21 pm
Devendra Fadnavis CM Devendra Fadnavis.

Maharashtra is all set to achieve its ambitious target of Rs 93,000 crore through sales tax collection in the year 2016-17. At the sales tax annual day on Saturday, chief minister Devendra Fadnavis said, “Maharashtra with its leading industrial status coupled with strong administrative network will soon cross Rs one lakh crore tax sales tax collection in a few years.”

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While addressing the conclave comprising administrative officials of sales tax and associations and industries who are sales tax payee, chief minister emphasised, “The department will have to break the old stereotype of mindset and functioning. We cannot confine in the old government conservation system. Our approach will have to be broad based founded on the concept of “mitra” (friends). As both sales tax department representing the government and those entrepreneurs/industries paying sales tax should work towards a common goal of generating more revenue for the welfare schemes of state.”

“Maharashtra with an annual expenditure budget of Rs 2,56,992 crore is way ahead of all the other states. Nobody really measures or matches to our expenditure budget,” he said, adding, “The policy reforms of the government towards ease of doing business has paved the way for more investments it the state both domestic and foreign. Today, Maharashtra is a leading industrial state in country.”

Referring to the challenges of Goods and Services Tax enforcement ahead, he said, “While states always have to work on constrains on enforcing new taxes in the uniform system, it surely would bring greater transparency and accountability.”

The sales tax conclave which was inaugurated by the state governor Vidhyasagar Rao along with Fadnavis and others. The governor described Maharashtra as the growth engine of country. And lauded the transition to uniform tax system through GST.

Earlier, state finance minister Sudhir Mungantiwar said, “It is my endeavour to check the leakages which often lead to huge tax evasion. However, sales tax department which has some of the most upright and sincere officials would work harder to mobilise the revenue in the coming years.” What also needs to be emphasised is to built a bond between the sales tax officials and sales tax payers. They should work in coordination and not perceive each other as rivals, he observed. While indicating that if larger interest of the state and national welfare is kept in mind it would become easier to operate.