Property Tax Sop for Business Spaces If Free Parking Offered: Ahmedabad Civic Body

Ahmedabad, May 27: AMC is offering property tax exemptions to commercial establishments that open their parking facilities to the public free of charge, aiming to reduce roadside parking and ease city traffic congestion.
Eligibility and Beneficiaries
The benefits will apply to shopping malls, theatres, video parlours, miniplexes, multiplexes, hotels, party plots, community halls, gymnasiums, hospitals, social organizations, and educational institutions. All non-residential units located on national highways, ring roads, and state highways will also benefit.
Tax Exemption Details
Commercial units that make their parking spaces available to citizens free of charge will receive a property tax exemption equivalent to the specific area designated for parking. Allowing citizens access to private parking spaces will reduce the parking load on roads and help ease traffic congestion in the city.
Compliance Requirements
To avail the tax exemption, commercial units must not levy any parking fee. They must fill the 'Parking Availability and Sharing Consent Form' on the corporation's website. A person must be appointed to manage the parking system and log parked vehicles in the AMC's official AmadaPark application. Directional signage and parking bays must also be installed.
Penalty for Non-Compliance
If any commercial unit charges a fee for parking, does not give consent, or fails to use the AmadaPark application, it will not be eligible for the property tax exemption. Commercial units that do not wish to avail the tax exemption must apply through the Self-Assessment Module within 60 days.