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Pune Board Tensed with Possible Low Revenue Generation from GST

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GST is giving dilemma in every government body by the fact of its roll out and its implementation on various departments of the authorities. In the same world of confusion, the Pune Cantonment Board is in tensed situation as the board has been suffering from loss of revenue and upcoming GST will sour its problem even more.

According to the board, it has been running on central grants and other taxes like property taxes, local body taxes on businesses, parking fees, and rents which source money into the board. A senior PCB official said that “We conducted the triennial assessment over the past year and this year as well. We were on track to complete it, but the net payable tax for quite a number of citizens had increased under new assessment rules and they had appealed for a review in substantial numbers. The dispatches were delayed due to this. But we are yet to see whether this affects the tax amount which will be collected.”

Now the ‘Local Body Tax’ is also on the verge of getting itself disappear which has made the tension line on the forehead of PCB more visible as the tax is a source of completing the payroll duties of the staff and other localized department works.

Read Also: GST Impact on Common Man

The PCB don’t want to loose a significant amount of revenue and has urged to the center for a new vehicle entry fee which will somehow save the operational revenue for the board. DN Yadav, chief executive officer of PCB, stated that “We would want to have a vehicle entry fee, but the process for that is very difficult, as it needs to be approved by the ministry of defense. Notifications regarding the abolition of the VET and the imposition of the vehicle entry fee needs to be obtained, which is a very long and cumbersome process.”

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