U Sudhakar Reddy
Vigilance and Enforcement sleuths found huge evasion of entertainment
tax by theme parks and gaming zones in the city. In report submitted to the government
after a random check of few companies found that 10 of them have evaded Rs 6.2 crore of
entertainment tax.
This newspaper has earlier reported about searches on these
gaming zones. Vigilance
director General Mr. R P Thakur in his report asked Revenue department Principal
Secretary to instruct the Commercial Taxes department commissioner to recover the money.
Fun zone, Ocean Park, Snooker Zone, Cine Planet, S & S Entertainment, Galaxy, SVM
multiplex were among the violators. Officials say that it is only a tip of iceberg and
there are several companies in the city that are evading the entertainment tax.
Vigilance officials found during inspections that some of the fun zone owners are not
reporting the turnovers to the Commercial Taxes department. On verification of books of
accounts of the amusement and theme parks it was revealed that they are collecting entry
and admission fees from the customers but not paying the entertainment tax on recreation
provided by them.
Section 4 C of AP Entertainment Tax Act amusement and recreations centres have to pay 20
per cent tax on each admission or participation in amusement. Recreations includes theme
parks, resorts, sports and games association, cultural associations, magic shows,
circuses, go-karting, video and computers games and musical concerts. However recreations
which are organized to promote and propagate traditional and ancient arts like classical
music, classical dance and folk arts.
It was found that around 10 companies had a turnover of Rs 33.11 crore and entertainment
tax payable is Rs 6.2 crore. Funzone amusements, Galaxy entertainment limited in Ameerpet
Bigbazar, Snooker Zone, Cine Planet at Kompally, S&S Entertainments, Quo Point Snooker at
Kukatpally and Simply Snooker at Madhapur are other companies found to be erring by the
vigilance.
List of three top evaders
Sri Venkateshwara Multiplex Pvt(SVM) Jubilee Hills Rs 2.6 crore
Ocean Park Multitech Ltd Gandipet Rs 3.3 crore
S Group(Game on sports bar-bowling) Karkhana Rs 13.5 lakh
Vigilance and Enforcement sleuths found huge evasion of entertainment
tax by theme parks and gaming zones in the city. In report submitted to the government
after a random check of few companies found that 10 of them have evaded Rs 6.2 crore of
entertainment tax.
This newspaper has earlier reported about searches on these
director General Mr. R P Thakur in his report asked Revenue department Principal
Secretary to instruct the Commercial Taxes department commissioner to recover the money.
Fun zone, Ocean Park, Snooker Zone, Cine Planet, S & S Entertainment, Galaxy, SVM
multiplex were among the violators. Officials say that it is only a tip of iceberg and
there are several companies in the city that are evading the entertainment tax.
Vigilance officials found during inspections that some of the fun zone owners are not
reporting the turnovers to the Commercial Taxes department. On verification of books of
accounts of the amusement and theme parks it was revealed that they are collecting entry
and admission fees from the customers but not paying the entertainment tax on recreation
provided by them.
Section 4 C of AP Entertainment Tax Act amusement and recreations centres have to pay 20
per cent tax on each admission or participation in amusement. Recreations includes theme
parks, resorts, sports and games association, cultural associations, magic shows,
circuses, go-karting, video and computers games and musical concerts. However recreations
which are organized to promote and propagate traditional and ancient arts like classical
music, classical dance and folk arts.
It was found that around 10 companies had a turnover of Rs 33.11 crore and entertainment
tax payable is Rs 6.2 crore. Funzone amusements, Galaxy entertainment limited in Ameerpet
Bigbazar, Snooker Zone, Cine Planet at Kompally, S&S Entertainments, Quo Point Snooker at
Kukatpally and Simply Snooker at Madhapur are other companies found to be erring by the
vigilance.
List of three top evaders
Sri Venkateshwara Multiplex Pvt(SVM) Jubilee Hills Rs 2.6 crore
Ocean Park Multitech Ltd Gandipet Rs 3.3 crore
S Group(Game on sports bar-bowling) Karkhana Rs 13.5 lakh
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