The UT Excise and Taxation Department on Wednesday recovered an amount of Rs 1.56 lakh as the VAT and penalty after a raid was conducted on late Tuesday night at the ongoing Crafts Fair at the Sector 17 Parade Ground.
According to officials of the department,the exhibitors were issued a notice under Section 3 for seizure of articles if they did not pay the VAT amount by Wednesday evening. Assistant Commissioner Naresh Dubey,who led the team on Tuesday night for conducting the raid,said that that the exhibitors did not apply for the VAT payment to hold the exhibition.
While the organisers had claimed that they were exempted from paying the VAT by the Ministry of Textiles,the Excise officials refused to accept the claim. Giving VAT exemption is totally a prerogative of the concerned state, said Dubey. The organisers had during the raid shown a letter for tax exemption. But Administration officials say it is not possible and the letter could be forged.
After a day long assessment of how much tax and fine was to be taken from different traders who have put up stalls at the Crafts Mela,the notice was served with a deadline of 5 pm today and the organisers paid the amount within the time frame, said Dubey.