The Hindu 28.06.2011
GVMC to issue noticeto VSP on VLT
Municipal Commissioner B. Ramanjaneyulu has directed GVMC officials to issue a notice to the Visakhapatnam Steel Plant on non-payment of vacant land tax (VLT) to the tune of Rs.93 crore.
During a review of the revenue of the corporation on Monday, he was told that the VSP was paying only 50 per cent of the property tax, pending a case in the High Court. The Commissioner expressed his disapproval at VLT not being collected and directed the Deputy Commissioner of Revenue to issue a notice on it. Setting targets for the revenue wing, Mr. Ramanjaneyulu said a total of Rs.300 crore should be realised without any additional burden on taxpayers.
