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Sumit (self)     20 November 2013

Regarding 1% lbt on new property , pune

I bought a flat in may 2012 and paid stamp duty , property tax and registration charges via the builder. Also i paid 1percent% as VAT. Now when i went for possession, he is demanding 1% as LBT charges in cash.

His argument is that this is a new law and that we need to pay.

Can you please share the information about the new law and what can i do in this matter.

The property is in Dhanori,Pune,Maharastra.



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 2 Replies

Rama chary Rachakonda (Secunderabad/Highcourt practice watsapp no.9989324294 )     20 November 2013

The Pune Municipal Corporation (PMC) has published the rates for Local Body Tax (LBT) for various commodities. The traders can check the LBT rates on the official website of PMC www.punecorporation.org,

Sumit (self)     20 November 2013

I did check it out, but i can't get a direct answer to my question. My biggest worry is the builder might twist the facts inorder to force me to pay


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