Gujarat Municipalities Act, 1963
(1) The Government or the district panchayat or the taluka panchayat concerned shall pay to the municipality annually in lieu of tax on buildings from which the buildings vesting in Government or in district panchayats or taluka panchayats are exempted by clause (a) [***] of the proviso to sub-section (1) of section 99, a sum ascertained in the manner provided in [sub-section (3)]. [ *] (3) The sum to be paid annually to the municipality by the Government or the panchayat concerned shall be eight tenths of the amount which would be payable by an ordinary owner of buildings in the said borough on account of the said tax on buildings on [ on the basis of carpet area of the buildings].