Excise dept aims to boost luxury tax collection 29/09/2014

Excise dept aims to boost luxury tax collection
29/09/2014 08:05
The excise department is planning to boost its luxury tax collection and in attaining its objective, the department has sought the help of Delhi Police and the tourism and trade and taxes departments, said the PTI report. The excise department seeks help from other departments in maintaining intelligence records of the city's hotels, banquet halls, spas and gyms. According to excise department, which is also in charge of collecting luxury tax in the national capital, they will clamp down heavily on entities who are found to have evaded luxury tax following a study of their financial records. Commenting on the development, Excise Department, Senior official said, “We have requested Delhi Police, the tourism department and the department of trade and taxes to help us keep intelligence records of Delhi's hotels, gyms, spas and banquet halls. We have requested police to give details of such entities registered with them as come under the ambit of luxury tax so that we may first get the exact data.” The official said that hotels which charge a room rent of Rs 750 or more per day come under the purview of luxury tax.