01 March 2013
Dear Sir, I reside in Kalyan near Mumbai. I have a computer assembling business in Kalyan and also do reselling of branded systems. I have clients which are spread around Thane dist. and Mumbai. I mostly purchase computer parts and systems from Mumbai. So, if I sell these components to a person/organization outside of my Municipal Corporation limit, say, Ulhasnagar, where do I need to pay my LBT? Also what is the % of LBT?
18 April 2013
LBT is to be paid by importer of goods. If goods are sold from Kalyan to other Municipal Corporation limits, purchaser in Ullhasnagr will pay tax. For any queries you may reach us at 9422620771
CAclubindia
