Dear all,
Another missle fired by BPTP in serving an enhanced EDC charges letter. The rate presented has no justification as to how this rate was reached.
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Subject: Enhancement of External Development Charges (EDC) in Faridabad, by the Government of
Haryana vide Memo No. HUDA.CCF.ACCTT-I-2011/17903 dated May 25, 2011 and Memo No.
HUDA.CCF.ACCTT-I-2012/8211 dated March 5,2012.
Reference: Floors No. XXXXXXXXX, being constructed at plot admeasuring 250 sq. yd. in our project
Park Elite Floors, Parklands, Faridabad, Haryana.
Dear Sir,
This is to inform you that vide the above captioned Notifications, the Government of Haryana has enhanced
EDC rates in respect to the licenses granted by Director Town and Country Planning, Haryana ("DTCP") in
Faridabad w.e.f. 2005.
As per the above notifications, the revised external developement charges (EDC) are Rs.3,975,821.00 per
acre retrospectively w.e.f. 2005. On account of the above revision, the Enhanced EDC of Rs. 1174/- per sq.
yd is applicable & chargeable to floor owners in 1/3rd proportion of their respective plot area.
Hence, the amount payable is detailed below-
S. No. Particulars Amount
(Rs.)
(A)
Abatement
/
Exemption
(%.)
Value subject
to Service
Tax
(B)
Service Tax
(12.36 % of B)
(C)
Total Amt
(Rs.)
(A+C)
1 EEDC Payable
(Rs. 1174 per sq. yd X 250 sq. yds. X
1/3rd Share)
97,829.42 97,829.42
2 LESS:- EEDC Already Called 0.00 0.00
3 Balance Payable 97,829.42 100% 97,829.42
4 Current Demand 97,829.42 97,829.42
5 Add:- Previous Outstanding 0.28- 0.28-
6 Total Amount Payable 97,829.14 97,829.14
In view of the above, we call upon you to pay the net sum of Rs. 97,829.14 against the current due of Rs.
97,829.42 after setting off the credit balance of Rs. 0.28-, on or before 26.05.2012.
Please note that all delayed payments are subject to charge of interest @ 18% per annum for the period of
delay.
Note:- "Central Government, in the Finance Act 2010 and related notifications, has levied Service Tax on
sale of Residential / Commercial Complex in case any amount of sale of Residential / Commercial Complex
is taken by Builder / Developer or his Authorized Agent before the completion of construction of
such Residential / Commercial Complex. The said tax is applicable w.e.f. 1st July, 2010. Accordingly we
have charged the above mentioned service tax on this installment. In case there is any service tax due
on the demands already raised or amount already paid,you forth with are liable to pay the same.
If you require any further information please feel free to contact us at +91-124-3852787 or email us at
customercare@bptp.comThanking you,
For BPTP Limited.
(Authorized Signatory)
Note:-
a) Please ensure that you indicate your name, customer code (as mentioned on top left hand corner)
and telephone/mobile number on the reverse of the cheque/draft.
b) Kindly inform us regarding change of your address, telephone no., e-mail ID, if any. In case you have not
yet furnished a copy of your PAN (Permanent Account Number), then, please submit it at the earliest.
c) You may deposit the payment at any of following Collection centres :
i) BPTP CREST, Plot # 15, Udyog Vihar Phase IV, Gurgaon-122015, Haryana.
ii) M-11, Middle Circle, Connaught Circus, New Delhi 110001. (Through Cheque/ DD only)
iii) Site Office, Sector-81, Faridabad, Haryana. (Through Cheque/ DD only)
d) Please issue cheque/DD/PO in favour of "BPTP LIMITED".
*1 sq mtr = 1.196 sq yd
*1 sq mtr = 10.764 sq ft
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Anyone having any detail of calculations involved ?
Reagrds,
Vikas Bansal
vikkibans@gmail.com