Infra tax on buildings from 10 May

GOANEWS DESK, PANAJI | 26 April 2013 21:33 IST

The infrastructure tax would be charged by 10 May to all the constructions, from residential to industrial buildings, fetching around Rs 100 crore to Goa government.

The cabinet meeting held today added some more categories of construction to the original budget proposals while rolling back tax amount on commercial buildings.

Chief minister Manohar Parrikar said adding more categories would now accrue additional revenue of almost Rs 70 crore.

For imposing infrastructure tax, Goa would be divided now into three categories:

 (A) Coastal Panchayat areas and five major towns of Panaji, Mapusa, Ponda, Vasco and Margao;

(B) Census Towns and Village Panchayats adjoining these five major towns as well as other Municipal areas;

 (C) Other Village Panchayat areas.

The Infrastructure Tax for residential zones or residential developments will be Rs 200 per sq mt in all the three categories.

The taxes for Commercial zones and commercial developments however would be different for all the three categories.

(A) category: Rs 850 per sq mt (Rs 1000 was proposed in the budget proposal)

(B) Category: Rs 600 (Rs 750 proposed in the budget)

 (C) Category:  Rs 500

The Infrastructure Tax for Industrial developments will however remain Rs 250 per sq mt in all the three categories.

In addition, the cabinet today also decided to rope in more types of constructions under infrastructure tax.

Buildings of agricultural and allied services would be charged Rs 50 per sq mt - 25 per cent of the residential type.

Buildings of agro-based industries and agro-related tourism would be charged Rs 175 - half of the industrial types.

Similarly, buildings of recreation, entertainment and even Go Karting etc would be charged half of commercial type – Rs 250 per sq mt.

Commercial structures like Mobile Towers would be charged between Rs 10,000 to Rs 25,000, depending on which area category they fall in.

All other buildings, said Parrikar, would be charged at Rs 200 per sq mt.

The method of assessment of Infrastructure Tax shall be based on total built up area including stilts and basements.

Along with this increase, the service of water and power connection will be guaranteed to the applicant within time frame.


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