LBT implemented in Nashik
The Imposition of Local Body Tax comes into effect from Wednesday 22 May,2013 in the limits of Nashik Municipal Corporation, replacing Octroi. It was stated by the NMC Commissioner Mr. Sanjay Khandare that “The civic body closed down 32-year-old Octroi booths last night on the basis of state notification dated June 1, 2012”.Also thetraders were asked to register their businesses/establishments with the municipal corporation by collecting prescribed forms to pay LBT.
As the NMC also went ahead with the imposition of LBT, the shops that remained closed in the wake of protest against LBT, ended inconclusive. It ended by the decision that was taken in the meeting held on Tuesday at the district collectorate.