Industrialists in Chhattisgarh can heave a sigh of relief as the state government has decided to exempt them from a hefty tax that was technically unwarranted.
Owners of the facilities located in the Urla Industrial Growth Centre — on the outskirts of capital Raipur — were in a fix over the huge penalty imposed due to a reported administrative error.
The Centre, housing 418 units, is managed by the Chhattisgarh State Industrial Development Corporation (CSIDC).
The state-run agency had leased out the land to the industrialists and had been collecting the required fee from the units against the infrastructure, water