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Tax Default: GHMC Seizes HCA Assets at Uppal Stadium

Published: 08th February 2015 06:00 AM  |   Last Updated: 08th February 2015 06:00 AM   |  A+A-

Stadium

HYDERABAD:The Greater Hyderabad Municipal Corporation (GHMC) in coordination with Industrial Area Local Authorities (IALA),  a wing of the Telangana Industrial Infrastructure Corporation (TSIIC) on Saturday seized movable properties from Rajiv Gandhi International  Cricket Stadium at Uppal belonging to Hyderabad Cricket Association (HCA) for not clearing outstanding property tax arrears to a tune of Rs 12 crore.

The GHMC also slapped a disconnection notice that if the HCA fails to clear the dues in the next 48 hours, the GHMC would be compelled to disconnect water and power connections.    

Since modern cricket stadium started functioning, HCA is not paying the property tax despite slapping of warrants and notices to them in the past forcing the GHMC and IALA resort to such a harsh step. The HCA has to pay Rs  2 crore as property tax per annum for the stadium. 

A GHMC team led by East Zone zonal commissioner Raghu Prasad, Uppal deputy commissioner AV Ramani along with IALA officials and police went to the stadium on Saturday morning and took away furniture, tables, chairs, computers, copiers and scanners and other items.

GHMC officials told Express that GHMC in coordination with IALA executed a distress warrant and seized the moveable properties. The HCA ignored notices many times earlier.

As Uppal cricket stadium comes under the industrial belt, IALA has to collect the property tax and have to deposit about one-third (35 percent) into the GHMC account.

More from Hyderabad.

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