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State GST dept gives nod to dry port at Niphad - GST Station

State GST dept gives nod to dry port at Niphad

State GST dept gives nod to dry port at Niphad

    NASHIK: The state GST department has given its nod for the proposed dry port project in Niphad taluka of the district.

    The decision of the GST department assumes importance since the land where this project is supposed to come up belongs to Niphad cooperative sugar mill, which has dues of over Rs 35 crore. The state GST department has attached the property of the mill.

    Over the years, the mill has allegedly failed to clear tax dues to the GST department, which was earlier known as commercial taxes department.

    In a letter, the GST department has urged the state finance department to ensure that the mill clears the dues once it is paid for acquiring the land. The department has also requested that the dues of Nashik District Central Co-operative Bank too be cleared as the sugar factory has failed to repay the loan that it had taken from financial institute.

    “The project is a positive one and would be a boon for the farmers of the region,” the state GST officials said.

    Centre has planned a dry port project on 250 acres in Niphad. Of these, 108 acres belong to Niphad cooperative sugar mill. GST officials said that the factory owners are likely to get about Rs 105crore for acquiring the land.

    Jawaharlal Nehru Port Trust (JNPT), the nodal agency for the implementation of the project, would have to acquire the land. It has already engaged Ernst & Young (EY) to prepare the detailed project report for its dry port project.

    “We hope the implementing agencies will take a positive decision in this connection to enable the GST department to recover the amount,” added GST department officials.

    The mill has been defunct for the past three years, with total dues of Rs 250 crore, including Rs 135 crore of NDCC bank, Rs 36.65 crore to GST department and about Rs 55 crores as pending salaries of workers.

    The dry port is to be connected by rail and containers will directly move to JNPT Mumbai. Facilities like custom clearance, value addition services like packaging, grading, loading & unloading, cold storages that are required for export of agricultural and industrial goods would be available at the dry port.

    Source- Times of India.

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