Property tax is levied by the government for properties, whether land or buildings, that fall under its jurisdiction. The Greater Visakhapatnam Municipal Corporation (GVMC) in Andhra Pradesh levies property tax on properties within its area of operation. GVMC’s property tax payment system is designed to be simple, transparent, and easily accessible. In this article, we will discuss the guidelines and procedures that homeowners need to know to pay GVMC property tax on their homes accurately.
Understanding GVMC House Tax and Property Tax
The first step in paying GVMC property tax is understanding what it is. Property tax is a tax levied by the local government on a property’s assessed value, depending on the property’s size, location, and type of building. The GVMC property tax is calculated based on the property’s built-up area, which includes the area covered by the walls of the house and the balcony.
To help homeowners calculate the GVMC property tax accurately, the municipal corporation provides an online property tax calculator. The calculation of GVMC house tax is dependent on various factors like location, property type, age of construction, size of the plot, and so on. The tax rates may also change every year, which is why it is essential to check the current rates on GVMC’s website.
Steps to Calculate GVMC House Tax
To calculate the GVMC property tax, homeowners need to follow these simple steps:
- Visit the official website of the Greater Visakhapatnam Municipal Corporation at https://gvmc.gov.in/.
- In the website’s homepage, click on the “Property Tax” option from the main menu.
- Next, click on the “Calculate Property Tax” option from the drop-down menu.
- Select your property type – either a Residential or Commercial property.
- Enter the relevant information like the Plot size, Plinth Area, and the age of the building.
- Select the usage of the building, either Self-Occupied or Rented.
- Once all the relevant information is entered, the online calculator will generate the amount of GVMC House Tax that is applicable.
- The calculator will also provide a detailed tax assessment statement for the homeowner.
Setting up GVMC Property Tax Payments Online
Once you have calculated your property tax, you can proceed with paying GVMC property tax online. GVMC’s online payment system is secure and user-friendly. Online payment of GVMC House tax helps save time and effort, as it eliminates the need to visit the GVMC office.
To make GVMC property tax payments online, follow these steps:
- Visit GVMC’s official website.
- Click on the “Property Tax Payment” option from the main menu.
- Enter the relevant details like your property tax ID, mobile number, and email address.
- Verify your details and click on the “Get Bill” option.
- The online system will generate your property tax bill, including the amount.
- Click on the “Pay Now” option.
- Select a payment option, whether credit/debit card, net banking, or UPI option and proceed with payment.
- Once the payment is successful, the system will generate a receipt, which can be downloaded and printed for future reference.
It is important to note that GVMC provides receipts for all online property tax payments made through its website. It is recommended that homeowners preserve these receipts to refer to them during future property tax assessment procedures.
Paying GVMC Property Tax Through Offline Methods
For individuals who aren’t comfortable with online payment methods, GVMC has provided alternative offline payment methods.
One convenient means to pay GVMC property tax offline is by visiting the GVMC Zonal Offices. The GVMC has zonal offices in five different locations across Visakhapatnam. Homeowners can visit any one of the zonal offices and make their property tax payment.
Another way to pay GVMC property tax is through select banks under GVMC’s authorized list. You can visit any one of these banks and request for the payment of your property tax.
Things to Keep in Mind While Paying GVMC Property tax
While paying GVMC property tax, homeowners must keep the following in mind:
- Homeowners must make the GVMC property tax payment within the specified deadline to avoid any late payment charges.
- Ensure that you enter the correct property tax ID while making the payment.
- Homeowners must ensure that they keep their property tax receipts safe for future references.
- If there is any change in ownership of the property, the new owner must get the property record updated with the GVMC.
Final Thoughts
Paying GVMC property tax can be a hassle-free and easy process if you understand the guidelines and procedures. The GVMC has made efforts to simplify the payment process, allowing homeowners to pay their property taxes conveniently.
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We hope this article has equipped you with the necessary knowledge and procedures about paying GVMC property tax on your home. By following the steps outlined in this article, you can ensure that you pay your GVMC House tax accurately and on time.
