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State Taxes Commissioner sets Rs 800 Cr revenue target for Kashmir in October

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state taxes commissioner sets rs 800 cr revenue target for kashmir in october 2026 10 16 07 12 40

Srinagar, Oct 15: Commissioner State Taxes, J&K, P. K. Bhat, on Thursday reviewed the revenue performance of the Kashmir Division and set an October revenue target of ₹800 crore, directing officers to intensify tax compliance, strengthen data-driven enforcement and take strict action against fraudulent Input Tax Credit (ITC) claims.

The meeting, organised by Additional Commissioner State Taxes, Kashmir Division, Parveez Ahmad Raina, was attended by State Taxes Officers from various circles across the division.

Raina presented a detailed assessment of revenue realisation, circle-wise performance and measures being undertaken to achieve the targets for the current financial year.

Bhat observed that the impact of GST rate rationalisation had largely stabilised, creating scope for improved revenue collection. Noting that national GST revenue growth had exceeded 15 per cent, he urged officers to strengthen mobilisation efforts and ensure that Jammu and Kashmir kept pace with the national growth trajectory. He also stressed higher cash collections and effective IGST settlement in line with value addition within the Union Territory.

Emphasising timely compliance, the Commissioner directed close monitoring of September returns, including quarterly filings under the QRMP scheme. He highlighted the importance of timely GSTR-1 filing in ensuring revenue realisation, protecting ITC integrity and curbing fraudulent transactions. Officers were also directed to follow up on approximately ₹2,500 crore reflected in GSTR-7 returns to facilitate realisation of the corresponding revenue.

Bhat called for greater reliance on data analytics to identify tax evasion, particularly through scrutiny of purchases from unregistered persons and verification of supply chains. He also directed officers to use inspection and verification powers under Section 71 of the GST Act wherever legally permissible.

The Commissioner stressed independent verification before initiating proceedings based on third-party information and called for time-bound disposal of show-cause notices, accountability in adjudication and adequate preparation for cases before the GST Appellate Tribunal.

Highlighting the tourism sector’s revenue potential, he directed targeted inspections at destinations such as Gulmarg and Sonamarg. He also called for continuous monitoring of sectors vulnerable to fraudulent ITC claims and prompt action against wrongful availment or transfer of credit.

The meeting concluded with directions for strict implementation of the instructions, timely action and greater accountability among officers to improve revenue performance.



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