What is lbt tax?



Report

1 Answer(s) available

24 


Local Body Tax, popularly known by its abbreviation as LBT, is the tax imposed by the local civic bodies of India on the entry of goods into a local area for consumption, use or sale therein. Local Body Tax, popularly known by its abbreviation as LBT, is the tax imposed by the local civic bodies of India on the entry of goods into a local area for consumption, use or sale therein. Local body tax or LBT is a tax levied by local civic bodies of India on the entry of goods into a local area for consumption, use or sale therein by traders,. As per the Government of Maharashtra Notification bearing No. Local body tax is a levy that traders will have to pay the local municipal corporation for importing goods into the state. LBT, or Local Body Tax, is a cess that the Maharashtra government wants to levy on the entry of goods for use and consumption within the.



Report

Related Questions