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 ...
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 dea...
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 alon...
Goods and Services Tax : In order to settle at rest confusion regarding meaning of Turnover for eligibility under LBT exemption, now a clarification has be...
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 Mumba...
Corporate Law : High Court held that (I) We hold that e-recharge is not covered by the Item No. 133 of the Government Notification dated 28th Ma...
Goods and Services Tax : In the case of Sodexo SVC India Private Limited. Vs The State of Maharashtra and Others, Bombay High Court has held that Sodexo me...
Goods and Services Tax : The Petitioner Company is conducting a business of providing preprinted Sodexo Meal Vouchers (For shor...
High Court held that (I) We hold that e-recharge is not covered by the Item No. 133 of the Government Notification dated 28th March 2013 and that in any event, LBT cannot be levied on erecharge; (II) We reject the contention of the petitioner that the LBT is not payable on the SIM cards and […]
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 under the amnesty scheme? My views on the same are as follows-
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.
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
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 likelihood of issuance of further clarifications by the Authorities, users of information published in this FAQ should note that the opinions expressed do not constitute legal advice and users are therefore advised to refer the matter to us for personal interaction about all aspects of the issue involved.
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 corporation area is required to be considered.
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.
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 […]
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.
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.
