GOVERNMENT OF ANDHRA PRADESH

ABSTRACT

 

Induction of Banks for conduct of State Government Business Handling of Tax Business Collection and Refund of Commercial Taxes through State Bank of India, State Bank of Hyderabad, Andhra Bank, UTI Bank Limited and ICICI Bank Limited in relaxation of S.R.27 under T.R.16 of A.P. Treasury Code, Volume-I Further orders Issued.

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FINANCE (TFR.I) DEPARTMENT

 

G.O.Ms.No.72. Date.31-03-2007

Read the following:-

 

(1)   G.O.Ms.No.485, Revenue (CT.IV) Dept., dt.21-7-2000.

(2)   G.O.Ms.No.40, Revenue (CT.IV) Dept., dt.31-1-2002.

(3)   G.O.Ms.No.227, Revenue (CT.IV) Dept., dt.1-5-2002.

(4)   G.O.Ms.No.177, Finance (TFR.I) Dept., dt.15-7-2005.

(5)   G.O.Ms.No.224, Finance (TFR.I) Dept., dt.12-9-2005.

(6)   U.O.No.34552/CT.II(1)/05, Dated.05-10-2005 of Revenue(CT) Dept.

(7)   G.O.Ms.No.332, Finance (TFR.I) Dept., dt.27-10-2005.

(8)   G.O.Ms.No.75, Finance (TFR.I) Dept., dt.03-04-2006.

(9)   G.O.Ms.No.126, Finance (TFR.I) Dept., dt.16-05-2006.

(10) G.O.Ms.No.292 Finance (TFR-1) Dept., Dt: 06.10.06

(11) Lr.No.984-A 1486/ TFR-1/05 Dt. 15.03.07 addressed to RBI Mumbai.

(12) DG BA : GAD No. H 14406/42 .04 .013/2006/07 of GM RBI, Central Office Mumbai

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ORDER:

In the references 1st and 3rd read above, orders have been issued entrusting the work of collection of commercial taxes in twin cities of Hyderabad and Secunderabad, Guntur, Kakinada and Rajahmundry to UTI Bank Limited. In the reference 2nd read above, the ICICI Bank Limited has been entrusted with the work of collection of commercial taxes in Vijayawada and Visakhapatnam.

 

2. In the reference 4th read above, orders have been issued entrusting the work of collection of commercial taxes and refunds to UTI Bank Limited for a period 3 months in relaxation of S.R.27 under T.R.16 of A.P. Treasury Code, Volume-I.

 

3. In the reference 5th read above, orders have been issued entrusting the work of collection of commercial taxes and refunds to UTI Bank Limited for a period of six months in relaxation of S.R.27 under T.R.16 of A.P. Treasury Code, Volume-I.

 

4. Orders have been issued vide reference 7th read above, entrusting the work of collection of commercial taxes and refunds including international exports as well as specialized agencies such as UNO, ICRISAT, etc to UTI Bank Limited for a further period six months till 31-3-2006.

 

5. In the reference 8th read above, orders have been issued entrusting the work of collection of commercial taxes and refunds to State Bank of India, State Bank of Hyderabad, UTI Bank Limited, and ICICI Bank Limited for a period of six months i.e., till 30-09-2006.

 

6. In the reference 9th read above, orders have been issued entrusting the work of collection of commercial taxes and refunds to Andhra Bank at 84 branches from 1-6-2006.

 

7. In the reference 10th read above, orders have been issued entrusting the work of Collections and Refunds of commercial taxes to State Bank of India, State Bank of Hyderabad through out the State and throughout the year and to Andhra Bank at 84 places throughout the year and to UTI Bank Limited in twin cities of Hyderabad and Secunderabad, Guntur, Kakinada and Rajahmundry and ICICI Bank Limited at Vijayawada and Visakhapatnam upto 31.03.2007.

8. In the reference 11th read above the RBI Central Office Mumbai has been addressed to advise in the matter of entrustment of the work of Collection and Refund of Commercial Taxes to UTI Bank Limited and ICICI Bank Ltd. for a further period of 6 months upto 30.09.2007.

 

9. In the reference 12th read above the RBI Central Office, Mumbai has conveyed its no objection continue in the existing Government Business i.e. Collection and Refund of Commercial Taxes through UTI Bank Ltd. and ICICI Bank Ltd.

 

10. Government after careful consideration of the matter, hereby entrust the work of collection of commercial taxes and refunds to State Bank of India, State Bank of Hyderabad through out the State and throughout the year and to Andhra Bank at 84 places throughout the year and to UTI Bank Limited at twin cities of Hyderabad and Secunderabad, Guntur, Kakinada and Rajahmundry and ICICI Bank Limited at Vijayawada and Visakhapatnam for a further period of six months i.e., up to 30-09-2007 with the following conditions.

 

i)                    The Revenue Department and the Commissioner of Commercial Taxes shall establish connectivity between Commercial Tax Department, State Bank of India, State Bank of Hyderabad and Andhra Bank enabling efficient collection of taxes.

 

ii)                  Keeping in view of importance of collection of revenue it is imperative that the funds are collected efficiently and passed on to the Government in the minimum possible time. To monitor this aspect the bank collecting commercial taxes on behalf of the Government shall submit a report (as per proforma-I in annexure to G.O. referred to in 5th cited) on weekly basis, to Finance (W&M) Department containing the information regarding daily collection of tax, the date of remittance of tax proceeds to the Government account and reasons for any delay of credit to the Government account and refund of tax. Further, details of the cheques above Rs.1.00 lakh remitted by dealers as commercial tax such as the date of presentation of the cheque by the dealer to the bank, date on which the proceeds of the said cheque are remitted to the Government account and reasons for any delay should be reported on a weekly basis (as per proforma-II to the G.O. 5th cited) to Finance (W&M) Department.

 

iii)                 The banks shall submit the data in the electronic form by adopting the software already designed by the Government.

 

iv)                For all other refunds including those under APGST Act. And other refunds of VAT Dealers, the procedure already prevailing shall be continued as ordered, in the reference 4th read above.

 

11. The Commissioner of Commercial Taxes, Andhra Pradesh, Hyderabad is requested to monitor the transactions of the above banks and ensure that the amount collected are credited without any delay and refunds made are genuine and authorized.

 

12. The banks are liable for any unauthorized refunds made by them as determined by the Commissioner of Commercial Taxes, Andhra Pradesh, Hyderabad.

 

13. These orders come into force with immediate effect and also available in Andhra Pradesh Government Website http://www.aponline.gov.in and http://www.apfinance.gov.in.

 

(BY ORDER AND IN THE NAME OF THE GOVERNOR OF ANDHRA PRADESH)

 

A.GIRIDHAR

Secretary TO GOVERNMENT (IF)

 

To

The Chief General Manager,

State Bank of India, Local Head Office, Koti, Hyderabad.

The Chief General Manager, State Bank of Hyderabad, Head Office, Gunfoundry, Hyderabad.

The General Manager, Andhra Bank, Marketing Department, Head Office, Hyderabad.

The Vice President & Branch Head, UTI Bank Limited, Begumpet, Hyderabad.

The Vice President and Branch Head, ICICI Bank Limited, Hyderabad.

The Commissioner of Commercial Taxes, A.P., Hyderabad.

The Chief General Manager-in-Charge, Reserve Bank of India, Department of Government and Bank Accounts, Mumbai.

The Regional Director, Reserve Bank of India, Secretariat Road, Saifabad, Hyderabad.

The Director of Treasuries and Accounts, A.P., Hyderabad.

The Principal Accountant General (Audit.I), A.P., Hyderabad.

The Accountant General (Audit.II), A.P., Hyderabad.

The Accountant General (A&E), Andhra Pradesh, Hyderabad.

Revenue Department, A.P.Secretariat, Hyderabad.

Finance (Exp.Rev.) Department.

Finance (BG) Department.

SF/SCs.

 

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