Hyderabad II Commissionerate gets Rs. 15.69 Crores in one VCES Declaration
HYDERABAD II Commissionerate has done it! They got a huge revenue of Rs. 15.69 Crores from a single declarant under the VCES. Satyam Computers (Now Tech Mahindra) has filed a declaration for availing VCES 2013 and declared Rs. 15,68,77,700/-as Service Tax due under Sponsorship Service. They have paid the entire declared amount of Rs. 15,68,77,700/-on 09.10.2013.
We congratulate Commissioner MK Singh, Additional Commissioner Padmasri and all other officers in the VCES team of this Commissionerate who could instil confidence in the assessee to come forward to avail VCES. If the Department is VCES friendly, so will the assessees be.