the Smart City Scheme, he will, for the benefit of the House, obtain information as to the total land surfac…
(No. B/130) Mr R. Beechook (Second Member for Flacq & Bon Accueil) asked the Prime Minister, Minister of Defence, Home Affairs and External Communications, Minister of Finance, Minister for Rodrigues and Outer Islands whether, in regard to the Smart City Scheme, he will, for the benefit of the House, obtain information as to the total land surface area approved thereunder, indicating the total amount of exemptions granted to the Promoters thereof to date in terms of – (a) Income tax; (b) Value Added Tax; (c) Customs Duty; (d) Land Transfer tax, and (e) Morcellement tax.
Madam Speaker, I am informed by the Economic Development Board that since the introduction of the Smart City Scheme in 2015, 19 projects have been issued with a Smart City Scheme certificate, out of which, 16 have started construction. I am further informed that the total aggregate land area for the 19 projects is 6,332 arpents. Based on the information submitted by the Mauritius Revenue Authority and the Registrar-General’s Department, the amount of exemptions granted under the scheme as at date in terms of Income Tax is Rs693 million, exemption for Value Added Tax is Rs5.8 billion; Customs Duty exemption is Rs34.8 million, and Land Transfer Tax is Rs82.6 million. That is a total of Rs6.61 billion of exemption! Insofar as the Morcellement Fee is concerned, the Morcellement Act is not applicable to an excision for the purpose of transfer of land to a Smart City project or a morcellement under the Smart City Scheme. As such, no Morcellement Fee is collectible. But based on information provided by the Economic Development Board, it is broadly estimated that the total Morcellement Fee exempted would amount to some Rs373 million for the 19 projects.
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Yes!
Can the hon. Prime Minister please inform the House if he has the figures on the amount of exemption obtained under the land conversion tax?
I am not sure of the question, but the amount for the land transfer tax is Rs82.6 m.
Yes, the hon. Fourth Member for Port Louis North and Montagne Longue! DRUGS CASES – ARRESTS & CHARGES (NOV 2024-MARCH 2025)