Hi, the state of the commercial tax is bad right now. I mean, there are not many traders who are not honestly paying the taxes for commercial buildings and malls. Though a majority of traders are paying taxes honestly a sizeable quantity of trading was being run as ‘zero’ business, that means that the traders carry out business without raising proper bills, thus denying the government its due share of taxes.
yeah...the Zero business take splace in most things like in gold and imitation jewellery, coir and rubber material, pan masalas, steel and furniture, cigarettes, grocery and dry fruits, sugar, pulses and flour, electrical and electronic accessories, computer spare parts and other such businesses.
Hey right now the collection of commercial taxes in the State is getting affected as about 30 per cent of business is being carried out without paying taxes. It has been affected a lot due tot he state burification that happened recently.