Dodgers Give Hard Time to Commercial Taxmen

KOCHI: The city is the commercial hub of the state, but it is also causing huge losses to the government exchequer in the form of commercial tax evasion. Officials with the Commercial Taxes Department said that around 60 percentage of such cases reported in the state are from Kochi. “For the last several years, around 60 percentage of commercial tax evasion cases were reported from Kochi. This is because, business activities are high in Kochi and it is also located at the central part of the State. The tax rate is around 14 percentage and by evading it, the small scale businessmen can gain good profit,” said K Sundar, Deputy Commissioner, Commercial Taxes Department. The tax-evaded goods first reach Kochi and from here it is supplied to other parts of the state.

http://www.newindianexpress.com/cities/kochi/Dodgers-Give-Hard-Time-to-Commercial-Taxmen/2014/05/16/article2226790.ece