1. What is Local Body Tax?
Local Body Tax is a tax on entry of goods within municipal limits (aria). LBT has been introduced in place of Octroi.
LBT was already operational in the city of Aurangabad, Kolhapur, Jalgaon, Nanded, etc. Starting 1 April 2013 it has been introduced in Thane, New Mumbai, Pune, Pimpri Chinchwad, Nagpur, etc.
LBT is governed by provisions of Maharashtra Municipal Corporation Act, 1949 (the Act) and Bombay Provincial Municipal Corporation (Local Body Tax) Rules, 2010 (LBT Rules).
