In its efforts to improve revenue generation, Katsina State government is intensifying efforts to ensure that all revenues due to it are received.
Recent steps taken was placement of a notice of non-compliance at three banks and KEDCO premises for failing to remit deducted taxes in the state.
The non-remitted taxes are to the tune of over N1 billion owed over a period of six months.
The banks include Unity Bank, Stanbic IBTC Bank Plc and Sterling Bank as well as the Kano Electricity Distribution Company, KEDCO.
This was disclosed by Dr Mustapha Muhammad Surajo, the Executive Chairman of the Service, while briefing newsmen shortly after placing the notice on the company/business premises in Katsina. He said this will serve as a warning for them to comply with the state tax extant laws.
If companies fail to come forward to do the needful after two weeks,
other punitive measures would be taken.
According to him, options available to the service include sealing off the business premises, barring them from transacting business within the state government or being dragged to court.
“As for KEDCO, we have been in court with them for several months and we have a court injunction that ordered them to remit the revenues to us, but they have refused to do the same.
“They owe us liabilities to the tune of over N190 million while the banks also owe us hundreds of millions in unremitted revenues.
“There are several other companies and taxable organizations that have also not remitted their revenues to the Service, but these banks and KEDCO constitute large bulk of defaulters with the non-remitted tax liabilities.
“This enforcement exercise is meant to serve as a warning, if we don’t receive the required response within the next two weeks, we will take the next line of action, and the next line of action will be more stringent,” Surajo said.
