The Indian Express 02.04.2013
On PMC terrain, several goods exempted from LBT
AS the tax system replacing octroi comes into force, the new rates of
LBT in Pune Municipal Corporation (PMC) indicated reduction in prices
of a few goods as the state government has kept LBT rates on certain
goods less than the octroi rates.
LBT rate on domestic gas has been kept at zero. In the list
released by the PMC, goods exempted from LBT include dairies,
catalogues, bread, broomsticks, chalk stick, charcoal, firewood, garlic,
tricycles, kumkum, raw meat, poultry, seafood, eggs, green coconut,
incense sticks and camphor.
“There are many goods on which the PMC was charging octroi but
they have been exempted in LBT,” said Vilas Kanade, Joint Municipal
Commissioner (LBT).
He said the civic administration had expedited the implementation
of LBT and issued around 61,000 LBT registration certificates through
an online service on Monday. “All VAT registered traders have been
automatically registered for LBT. Thus, their certificates were made
available online,” Kanade said.
Civic staff was being trained for implementation of LBT, he said.
“The PMC will begin a survey of the city from Wednesday. Records of
traders — name, address and so on will be collected by LBT inspectors
for each area. The work will be coordinated by regional inspector.”
Once the data of all businesses and traders was available, it
would be easy for the civic administration to identify shops and
businesses not registered under LBT, he added.
As per the government decision, Kanade said, any business without LBT registration would be considered illegal.
“Traders registered under LBT will have to file their challan from
next month and submit their returns after six months. Thus, revenue
would come from next month,” he said.
Meanwhile, the PMC released information on octroi collection for
2012-13. Of the target of Rs 1,450 crore, the civic administration
collected Rs 1,314 crore in the fiscal ended March 31, 2013.
