Local Body Tax (LBT)

Two Important Issues under LBT

Goods and Services Tax - Two queries are coming every day in and day out under LBT- A. Whether the turnover of sale made from the city to outside the city is covered or not, specifically in view of clarification dt. 15-9-2015? B. Whether the tax paid under amnesty is subject to interest and penalty again when the turnover on assessment is found more than declared...

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“Consumption, Use or Sale therein” for levy of Local Body Tax

Goods and Services Tax - Every Local Body Tax (LBT) Practitioner is facing daily disputes with Corporation Authorities for levy of LBT qua goods or qua dealer due to misunderstanding of relevant sections under, The Maharashtra Municipal Corporation Act. The relevant sections for dispute in relation to ‘goods’ are section 127(2), 152B and 152P of the Act....

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30 FAQ’s on LBT Exemption in Maharashtra

Goods and Services Tax - Please find below a compilation of queries received by us in response to Notes related to LBT Exemption put up on our website along with related opinions from our side . While care has been taken to comprehend the issue alongside applicable legal provisions, it is submitted that considering the fact of frequent changes in LBT laws and lik...

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Clarification regarding determination of turnover for LBT in Maharashtra

Goods and Services Tax - In order to settle at rest confusion regarding meaning of Turnover for eligibility under LBT exemption, now a clarification has been issued by Urban Development Department (UDD) vide Notification No. LBT. 2015 / C.R. 42 / UD-32 dated 15 September 2015 in Maharashtra. The UDD has stated that the turnover of the dealer within the municipal ...

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Applicability of Turnover (Rs. 50 Cr.) based exemption from LBT

Goods and Services Tax - The Local Body Tax called as LBT was introduced in Maharashtra in April 2013, replacing Octroi for certain cities other than Mumbai. Maharashtra Provincial Municipal Corporations Act, 1949, is the Act under which levy of LBT is being made in certain municipal corporations....

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Sodexo Vouchers are not liable for Octroi or LBT :SC

Sodexo Svc India Pvt. Ltd. Vs State Of Maharashtra And Ors. (Supreme Court of India) - In the case of Sodexo SVC India Private Limited. Vs The State of Maharashtra and Others, Bombay High Court has held that Sodexo meal vouchers are utility goods- Octroi & LBT can be levied on the same. Sodexo has preferred an appeal against the verdict in Supreme Court...

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Sodexo meal vouchers are utility goods- Octroi & LBT can be levied

Sodexo SVC India Private Limited. Vs The State of Maharashtra and Others (Bombay High Court) - The Petitioner Company is conducting a business of providing pre­printed Sodexo Meal Vouchers (For short “the said Vouchers”). The case made out in the Petitions is that the Petitioner Company enters into a contract with its customers for issuing the said vouchers....

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Recent Posts in "Local Body Tax (LBT)"

Two Important Issues under LBT

Two queries are coming every day in and day out under LBT- A. Whether the turnover of sale made from the city to outside the city is covered or not, specifically in view of clarification dt. 15-9-2015? B. Whether the tax paid under amnesty is subject to interest and penalty again when the turnover on assessment is found more than declared...

Read More

“Consumption, Use or Sale therein” for levy of Local Body Tax

Every Local Body Tax (LBT) Practitioner is facing daily disputes with Corporation Authorities for levy of LBT qua goods or qua dealer due to misunderstanding of relevant sections under, The Maharashtra Municipal Corporation Act. The relevant sections for dispute in relation to ‘goods’ are section 127(2), 152B and 152P of the Act....

Read More

Sodexo Vouchers are not liable for Octroi or LBT :SC

Sodexo Svc India Pvt. Ltd. Vs State Of Maharashtra And Ors. (Supreme Court of India)

In the case of Sodexo SVC India Private Limited. Vs The State of Maharashtra and Others, Bombay High Court has held that Sodexo meal vouchers are utility goods- Octroi & LBT can be levied on the same. Sodexo has preferred an appeal against the verdict in Supreme Court...

Read More

30 FAQ’s on LBT Exemption in Maharashtra

Please find below a compilation of queries received by us in response to Notes related to LBT Exemption put up on our website along with related opinions from our side . While care has been taken to comprehend the issue alongside applicable legal provisions, it is submitted that considering the fact of frequent changes in LBT laws and lik...

Read More

Clarification regarding determination of turnover for LBT in Maharashtra

In order to settle at rest confusion regarding meaning of Turnover for eligibility under LBT exemption, now a clarification has been issued by Urban Development Department (UDD) vide Notification No. LBT. 2015 / C.R. 42 / UD-32 dated 15 September 2015 in Maharashtra. The UDD has stated that the turnover of the dealer within the municipal ...

Read More

Applicability of Turnover (Rs. 50 Cr.) based exemption from LBT

The Local Body Tax called as LBT was introduced in Maharashtra in April 2013, replacing Octroi for certain cities other than Mumbai. Maharashtra Provincial Municipal Corporations Act, 1949, is the Act under which levy of LBT is being made in certain municipal corporations....

Read More

Local Body Tax Partial Abolition: Confusions Galore

CA Satish Sarda LBT has the dubious distinction of one of the most badly written, implemented and followed laws of India. And law makers and law followers both are responsible for messing up this law. Law should have been drafted only after discussion with various stakeholders like Assessees, Field Staff , Tax Consultants , Consumers [&he...

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Partial abolition of Local Body Tax (LBT) in Maharashtra w.e.f 01-08-2015

As all the dealers are aware that the Urban Development Department, Government of Maharashtra has informed all the dealers that from 1st August 2015, LBT shall apply only to those dealers whose turnover would exceed Rs. 50 Cr. in a year....

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The Maharashtra Municipal Corporations Local Body Tax Amnesty Scheme 2015

Urban Development department of Maharashtra State vide Notification No. LBT-2015/CR-82/2015/UD-32, notified an amnesty scheme for Local Body Tax (LBT) defaulters in Maharashtra Municipal Corporations. ...

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Sodexo meal vouchers are utility goods- Octroi & LBT can be levied

Sodexo SVC India Private Limited. Vs The State of Maharashtra and Others (Bombay High Court)

The Petitioner Company is conducting a business of providing pre­printed Sodexo Meal Vouchers (For short “the said Vouchers”). The case made out in the Petitions is that the Petitioner Company enters into a contract with its customers for issuing the said vouchers....

Read More
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