Lbt applicability

MANOJ (Querist) 10 December 2015 This query is : Resolved
Dear Sir

Maharashtra Government has announced its decision to exempt business organizations having turnover below Rs. 50 Cores from the levy of LBT , from 01st August 2015 onwards.

The newly introduced exemption is turnover based.

The company is having its registered office in Pune within Pune Municipal Corporation ( PMC ) limit.
All its Business (Manufacturing Plant ) is outside PMC area.

Address on both MVAT Certificate & LBT Registration certificate is that of Corporate office.

Before 01.08.2015, the company was paying LBT on purchases for our Corporate office.

No LBT was paid for purchases for plant as they are situated outside PMC.

Currently purchases for Corporate office are below Rs.50 cr.

Sale invoice are raised from respective plant situated outside PMC area.

There is no sale from Corporate Office.

Turnover of company for Maharashtra ( under MVAT ) is more than Rs.50 cr.

Sir , Can anybody please let me know whether co. is liable to pay LBT.

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