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Govt seeks fresh proposal from NMC for property tax on industries

The Nashik Municipal Corporation (NMC), in a recent letter to the state government, had sought permission to levy industrial property tax on industries.

The state urban development department has sought a fresh proposal from the Nashik civic body regarding levying of property tax for industries under the industrial slab as against the current commercial slab.

The Nashik Municipal Corporation (NMC), in a recent letter to the state government, had sought permission to levy industrial property tax on industries. However, the Act under which the same could be collected was not mentioned in the letter. Hence, the government has sought details regarding the same in the fresh proposal.

Former NMC commissioner Tukaram Mundhe had abolished industrial slabs from property tax in 2018. Since then, the civic body has been collecting tax from all categories of properties under two slabs – residential and commercial.

Industries too have been demanding collection of property tax from them as per industrial slabs as the rates in both residential and industrial slabs are almost five times lesser than that of commercial tax slabs. The industrial tax rate was fixed at Rs 5 per sq metre while the commercial slab requires them to pay Rs 44 per sq metre.

Industrialists had taken up the issue in December with state industries minister Uday Samant, who had directed the NMC to collect taxes from industrialists according to the industrial slab. Following the directions, NMC commissioner Chandrakant Pulkundwar had direct the tax department to initiate the process for re-introduction of industrial slabs and accordingly, the administration had sent a proposal to the government for approval.

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