seemandhra-tax-loss

A little mistake had lost Andhra Pradesh 736 Crores. The tax amount of May month in the United state was to be given to both the states on population basis. 58% should go to Andhra Pradesh and remaining 42% should be given to Telangana accordingly. With a little mistake by the officials, 2382 Crores were deposited in Telangana account while AP got 1584 Crores.

Actually AP should get 2320 Crores while Telangana should get 1680 Crores. The result was 736 Crores loss for Andhra Pradesh. AP government has already sent notices to Telangana government over this issue but the issue is not going any where. AP officials say the issue will end if Telangana returns the amount lest the issue should go before the central government for an amicable settlement.

There are few other problems between the two states regarding the commercial taxes too. There are 12 controversial issues which will be taken by officials of commercial tax department with Secretary of Central Home department on 12th August. The parties will also decide on the Inter State Sales Tax between both the states in the meeting.