Companies

Sahara’s Amby Valley reopens after payment of tax dues

Alka Kshirsagar Pune | Updated on January 20, 2018




In a surprise move early today, the Maharashtra government sealed the gates of Amby Valley, a 10,600-acre hill station built and owned by the Sahara Group near Lonavala for non-payment of ₹4.52 crore worth of tax dues.

The gates were re-opened later in the day after Sahara paid up the outstanding amount by cheque today.

Speaking to BusinessLine, Saurabh Rao, District Collector, Pune, said that the Tahsildar of Mulshi taluka had sent notices to the Sahara Group in November last year regarding non-payment of dues but had received any response.

The Group had today issued a cheque for ₹1.5 crore and given post dated cheques (till March 28) for the remaining amount. Following this action, the gates of the hill station were re-opened.

A spokesperson for Sahara said termed the sealing of the hill station illegal and there seemed to be some confusion regarding the unpaid amount.

A statement from the Group said the amount outstanding for the 2014-15 fiscal was ₹27 lakh, while it still had another month to clear the ₹2.26-crore tax due for 2015-16.

The outstanding amount of ₹2.53 crore was however paid today, the statement added.

Published on March 01, 2016

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