Pune: Vehicle Entry Tax (VET) within the limits of the Pune Cantonment Board (PCB) is likely to be increased in the next six months. The elected ward members of the cantonment suggested to the PCB to increase the VET during the General Body meeting held recently.
At the General Body meeting, Vivek Yadav, an elected ward member of the PCB, said, “The VET should be increased. It could help in increasing the revenue of the Cantonment, which is not even getting its share of the Goods and Services Tax (GST). Also, within the Dehu Road Cantonment Board limits, the VET for heavy vehicles is Rs 200. Then why can’t the PCB increase the VET?”
Priyanka Shrigiri, Vice-President of PCB, said, “The board has already sanctioned the tender for the rates, which are being implemented now. But we objected to it so that the board’s revenue could be increased. Now a new tender will be floated. It will take four to six months for the rates to increase.”
According to the board members, the rate for commercial vehicles, which is Rs 30 currently, should be increased to Rs 40 to 50. The VET for a heavy vehicle is Rs 50, which should be increased to Rs 100.
DN Yadav, Chief Executive Officer of the PCB, said, “Every five years, VET rates can be revised. Last time, the rates were increased in 2013. Now a fresh proposal has been sent to the Principal Directorate Defence Estates (PDDE), after which suggestions and objections will be invited and meetings with the finance committee and the higher authority will be held to discuss the VET rates. Then the rates will be increased. It will take six months for the procedure to be completed.”