information about fine collected due to tax evasion in Coimbatore

Q: A friend told me that the Coimbatore government collected some penalty for tax evasion on tobacco. Are the rumors true ?

sathiya seelan, Coimbatore

2nd February 2015

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Replies (4)

The tax department of the government is really cracking the whip on tax evasion. The enforcement division in Chennai recovered tax and pentaly from evading dealers of Rs 42 lakh. In another incident Rs 10 lakh was collected as tax and fine from a passenger who was carrying contraband cigarettes.

Suraj Naraynana, Coimbatore

3rd February 2015

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Everyone shoudl be really careful these days, since surprise checks are being conducted in railway stations, omni buses, check posts and retail points, Also a fine of Rs 41.29 lakh was collected in Coimbatore alone for tax evasion from dealers who were selling tobaco products without proper invoices

N Jeeva kumar, Coimbatore

3rd February 2015

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I'm unaware of the tax guidelines for tobacco in Tamil Nadu. Does anyone know?

Rajeev Srinivasan, Coimbatore

2nd February 2015

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Here is the info you are looking for; Sales tax on tobacco products is curently 30 per cent for the first point of sale in Tamil Nadu. 30 per cent sales tax should be paid at the first point of sale. All dealers should retain invoices for tobacco products and make them available for inspection.

Rakhi Bansal, Delhi

4th February 2015

Yes! Sadly what you heard is absolutely true, Tamil Nadu Government has collected a fine of Rs 1.09 crore for tax evasion on tobacco and tobacco products and urged retailers to retain the tax invoices for the goods, in case of a surprise audit.

Manikandan Swami, Coimbatore

2nd February 2015

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