The Times of India 11.03.2013
SMC to defuse Mobile towers that fail to pay the taxes
SURAT: As the end of financial year draws near , Surat Municipal Corporation (SMC) has intensified it's taxrecovery campaign.
Tax recovery department has now concentrated it's efforts on recovery of Rs 8 crore from number of telecom service provider companies that have erected nearly 1400 mobile towers in the city but are yet to pay part of their dues to the civic body.
SMC has given these companies time up to March, 20, 2013 and has recovered Rs 11 crore from the total Rs 19 crore . "We have issued them the notices and will wait up March, 20, 2013 for them to make the stipulated payment after that we will begin our seizure work." Said Sharad Mehta, Deputy Commissioner Finance , SMC.
Tax recovery issue from telecom provider companies is in court and according to the court , it the final verdict is delivered companies must pay 50 per cent of the demand . If the final decision is in favor of the companies SMC will return them the whole paid up amount but the decision is in favor of the SMC than companies must pay up remaining amount with 18 per cent interest.
Last year SMC had defused some mobile towers for non payment of taxes and that had resulted in recovery of some amount.
Tax recovery department has now concentrated it's efforts on recovery of Rs 8 crore from number of telecom service provider companies that have erected nearly 1400 mobile towers in the city but are yet to pay part of their dues to the civic body.
SMC has given these companies time up to March, 20, 2013 and has recovered Rs 11 crore from the total Rs 19 crore . "We have issued them the notices and will wait up March, 20, 2013 for them to make the stipulated payment after that we will begin our seizure work." Said Sharad Mehta, Deputy Commissioner Finance , SMC.
Tax recovery issue from telecom provider companies is in court and according to the court , it the final verdict is delivered companies must pay 50 per cent of the demand . If the final decision is in favor of the companies SMC will return them the whole paid up amount but the decision is in favor of the SMC than companies must pay up remaining amount with 18 per cent interest.
Last year SMC had defused some mobile towers for non payment of taxes and that had resulted in recovery of some amount.
