BJP legislator deposits part of service tax

Shimla, March 4

BJP MLA Balbir Singh Verma has deposited a part of service tax levied on the properties that he had sold in Shimla after the authorities seized his bank accounts.

Verma, who is also a realtor, said here today that the remaining tax would be deposited with the Central Board of Indirect Taxes and Customs (CBIT) shortly.

On February 24, the CBIT had seized Verma’s bank accounts for his failure to deposit tax against several flats sold in Shimla. However, Verma said he had tried to deposit the tax online but the required form number 3 could not be downloaded. “As a result, I could not pay the entire tax,” he said.

He said he had received a notice from the CBIT in 2016 for depositing service tax of Rs 9.50 crore against several flats sold in 2010, he added. — PTI