Nagpur : Nagpur Municipal Corporation (NMC) has issued seizure notice to INOX, Wardhaman Nagar for defaulting Rs 33 crore against Property Tax.
If the company failed to pay the dues, then the local body will start process of auction of the property. Emphasising on recovery of Property Tax dues, the civic body has also issued notice to Multimodal International Hub Airport at Nagpur (MIHAN) India Limited (MIL) for outstanding dues of Rs 12 crore. It also issued notices to VNIT for outstanding payment of Rs 15 crore and CONCOR for pending dues of Rs 18 crore of Property Tax.
Lakadganj Zone Office has confirmed that the Property Tax department of the zone had pasted the notice at INOX recently. Property Tax is pending over INOX since 2008. The owner of the property has created legal disputed regarding demand generated by the department.
Earlier, the civic body had treated it as owner occupancy property and levied only Rs 2.71 crore tax. However, then Municipal Commissioner Shyam Wardhane had reopened the case and directed to levy tax as tenant occupancy property.
Sources in NMC confirmed that Comptroller and Auditor General (CAG) also raised objection over different assessments of Property Tax. However, NMC continued with the tenant occupancy assessment of the property and raised demand of Rs 33 crore including penalty. The civic body may publish a notice of auction in February to recover the dues.
Meanwhile, the local body also issued notice to MIL for payment of Rs 12 crore Property Tax. The outstanding amount is pending for last several years. The MIL has claimed for exemption from the tax as it is a special project declared by State Government. They can seek exemption under Section 129 of the Maharashtra Municipal Corporation (MMC) Act.
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