New Delhi, May 9 (KNN) The micro, small and medium enterprises (MSMEs) in the national capital are upset over the increase in property tax by almost 10 times at the industrial areas in East Delhi and are ready to move court against the notification issued by the Municipal Corporations in this regard.

The notification was issued by the Commissioner of the Municipal Corporation which was earlier recommended by a standing committee and was adopted by the Municipal Legislative Council.

Talking to KNN, the President of Patparganj Functional Industrial Estate Entrepreneurs Association, Sanjay Gaur, said that, “We will protest against this hike, if the bodies do not listen to us, we will approach the court against the notification.”

However, he said that the apex bodies have realised that they have taken a wrong decision which needs to be rectified.

“We requested the EDMC (East Delhi Municipal Corporation) to roll it back,” said the President.

Further explaining the process, he said that in 2011 a ministerial valuation committee was formed when the MCD was not split in three corporations where they invited the comments from us.

They called for comments to evaluate where they could hike the industrial property taxes, he added.

Patparganj industrial area does not stand in the line where taxes are needed to be increased, he said adding that they did not take any cognisance of it and applied the recommendations.

They have improved our category from G to B without judging, said the entrepreneur.

He mentioned that the industrialist in the area contribute to do the civil works  in the industrial areas like cleanliness etc.

President suggested that the mayors and leaders should meet the LG (Lieutenant Governor) of Delhi to take the decision back.

“We cannot pay the 10 times the present tax as the margin is very less,” he cried.

He threatened that if it is not rolled back the decision, then they would sit on Dharna and take protest on the roads of the national capital. He said that the units would also shut their offices to protest. (KNN /AR)