Thursday, February 28, 2008

Mangalore Central Excise Mop Up Touches Rs 4,099 Cr

Mangalore: The Mangalore Central Excise Commissionerate mopped up excise duty of Rs 4,099.37 crore till the end of January during the current financial year, surpassing the target set for 2007-08. Petroleum products contributed Rs 3,886 crore of net revenue to the total amount. During 2006-07, the Commissionerate had collected Central excise duty of Rs 3913.40 crore, he said. It has 492 non-SSI and 88 SSI units registered for the purpose of manufacturing excisable goods. The collection of service tax reached Rs 150.84 crore till the end of January. During 2006-07, the collection of service tax was Rs 170.86 crore of service tax. There are 2,800 tax-paying service tax assessees. Mr Ajith Kumar said that 48 cases with revenue implications of Rs 12 crore were filed during the fiscal. The Mangalore Central Excise Commissionerate covers revenue districts such as Dakshina Kannada, Udupi and Uttara Kannada.

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