AP revenue receipts at Rs 44,245 cr in 2006-07
Hyderabad, Mar 28 (UNI) The Principal Accountant General of Andhra Pradesh today announced the total revenue receipts of the State Government for 2006-07 amounted to Rs 44,245.47 crore against Rs 34,851 crore in the previous year.
Addressing the press here, PAG P Narayana Murthy said the State's Tax revenue of Rs 23,926.20 crore and non-tax revenue of Rs 6,487.83 crore accounted for 69 per cent of the total revenue. The balance 31 per cent was received from the Centre as the State's share.
A review on the assessment and collection of taxes on motor vehicles had revealed that quarterly tax and penalty of Rs 106.50 crore was not levied and collected on transport vehicles.
Penalty of Rs 20.29 crore was short levied for belated payment of taxes. The remaining Rs 2.19 crore was not levied on omnibus.
Review on receipts of Police Department had revealed that compounding fee of Rs 52.52 crore allocated under Motor Vehicle Act was incorrectly remitted to police head account out of which Rs 27.94 crore was utilised for departmental expenditure.
The loss of revenue of Rs 1.66 crore was due to non-collection of rent, water and electricity charges form unauthorised occupants of police quarters.
The other important irregularities pointed out in the report was under the declaration of VAT with one case resulting in short payments of Rs 69.72 crore as tax and incorrect exemption resulted in short levy of Rs 89.75 crore as tax in seven circles involving eight cases.
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