HOUSE TAX ASSESSMENT FOR NEW PREMISES / BUILDING
Documents required
- Occupancy Certificate.
- Duly filled assessment form.
Process
After issuing the Occupancy certificate assessment of Tax is done by the Taxation Section.
Assessment is done where all the details are furnished by the owner / Builder in the assessment form.
Tax calculation is done by the Tax Section.
Notice Inviting Objection (NIO) for the valuation is sent to the applicant with a time limit of 30 days.
A Bill of Tax is issued to the applicant / Owner of the respective premises after 30 days’ time for the payment within 15 days.
System followed by CCP
The Corporation of City of Panaji is assessing house tax based on unit area i.e. cost of construction per sq.mt is adopted for arriving the total cost of structure. The cost per sq.mt is worked out by Public Works Department and approved by Government of Goa and Circulated to local bodies. At present the following basic rates are adopted for calculation of tax as per office Memorandum of P.W.D., Govt of Goa dt 5/5/2009. The rates as per O.M are as under:
- Multi- storied R.C.C. residential building up to 6 stories _ _ _ _ _ _ _ _ _ Rs.9000/-p.m2
- Bungalows with architectural features superior specification _ _ _ _ _ _ _ _ _ Rs.9500/-p.m2
- 3. Load bearing structures, ground +1 with R.C.C. slab or a tiled roof _ _ _ _ _ _ _ _ _ Rs.7000/-p.m2
- Fees subjected to change
| Area | = 100m2 |
| Rate approved by PWD | = 9000/- |
| Cost of Construction | = 900000 |
| Rateable value at 12 % | = 108000 |
| Less maintenance charges 10% | = 10800 |
| Rateable value fixed after deduction | = 97200 |
| Rate of tax @10% | = 9720 per annum. |
| Area | = 100m2 |
| Rate approved by PWD | = 9500/- |
| Cost | = 950000 |
| Rateable value at 12 % | = 114000 |
| Less 10% | = 11400 |
| Rateable value Fixed after deduction | = 102600 |
| 10% tax | = 10260/- tax per annum. |
- Tax for commercial buildings is assessed based on the zones in which the building is constructed. For this purpose the Corporation area is divided by Panjim Planning & Development Authority into various zones such as C1, C2 C3, and settlement zones S1, S2, etc., depending upon the intensity of commercial activity permitted and is decided by Regional Plan under land use criteria. Coefficient for commercial building as per zone. Zone Coefficients
- C -1- A – 6
- C – 1 – 5
- C – 2 – 3
- S – 1 – 2
- S – 2 – 2 Typical Calculation Commercial building in C – 1 Zone
- Area = 100.00
- Plinth area rate = 11000 /-
- Cost of Building = 1100000
- Rateable value @ 12% = 132000
- comm. c1 X 5
- Rateable value= 660000
- Less 10% = 66000 /-
- Rateable value fixed after deduction = 594000 /-
- Application in writing.
- Attested copy of ‘Deed of Sale’ / Deed of Gift / Will / Inventory.
- Latest paid House Tax Receipt.
- Transfer fees for residential premises are Rs.5000/- within the family and Rs.8000/- outside the family, for commercial Rs.15000/-
- Application in writing.
- Attested copy of the Agreement/Transfer form.
- Share Certificate duly transferred.
- Resolution from Society. / NOC from the society
- Latest House Tax Receipt.
- Application in writing.
- Attested copy of Agreement duly registered before subregister.
- NOC in the form of Affidavit from previous owner.
- Latest House Tax Receipt.
- Multi-storied R.C.C Building Rs.9000/m2 up to 6 stories.
- Bungalows with architectural Rs.9500/m2 Features/superior specifications.
- Load-bearing structures, ground Rs.7000/m2 +1 with R.C.C slab or a tiled roof.
- Fees subject to change
