Avinash Shah (Accountant) (30 Points)
27 July 2013
vijay
(Accountant)
(888 Points)
Replied 27 July 2013
Yes, LBT will be leviable on those goods you transfer to Vasai, but since those goods are for trading purpose as you mentioned and if same are traded outside Vasai-Virar Corporation within 6 months of their import/transfer in the city then you can claim benefit available for trading and accordingly pay just 10% of LBT payable on such purchase/transfer
Eg: if as per normal LBT rates your liablity comes to Rs 10,000/- then on goods which are traded outside Vasai-Virar Corp within 6 months you will have to pay just 10% of Rs 10,000/- i.e. 1,000/- Rs
Hope this solve your query
Avinash Shah
(Accountant)
(30 Points)
Replied 27 July 2013
vijay
(Accountant)
(888 Points)
Replied 29 July 2013
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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