CM orders release of traders’ seized stocks

Chief Minister N Kiran Kumar Reddy on Monday ordered the release of seized stocks on giving undertaking on Rs 100 non-judicial stamp paper to pay tax as decided by the government.

According to a CMO release, the Chief Minister has considered the request of the textile dealers sympathetically and issue the orders. This decision was taken in the high level meeting held in the State Secretariat on Monday. Finance Minister Anam Ramnarayana Reddy, Revenue Principal Secretary Aushutosh Mishra, Commissioner Commercial Taxes Suresh Chand and others participated in the meeting. (INN)