VTA supports NMC’s demand for more share in GST; but strongly objects to reintroduction of Octroi

Nagpur | Monday | 17th December, 2018

Summary:

J.

P.

Sharma – President of VTA said, reading such a topic of reintroducing Octroi in newspapers is absolutely shocking. Vidarbha Taxpayers Association (VTA) vehemently opposes Nagpur Municipal Corporation’s suggestion of reintroducing Octroi before the team of Fifth Maharashtra Finance Commission (MFC). Hence VTA strongly opposes demand by NMC to reintroduce Octroi in future. Nagpur taxpayers are being paying double taxes in various forms to NMC and NIT, which is incorrect and only NMC should be sole local body to cater city. Same is the situation of House Tax wherein still many new properties are not yet assessed by NMC..