Tuesday, December 31, 2013

Traders not issuing original bills face LBT action

The dealers and traders not issuing original bills to customers have started to face the music. The Nagpur Municipal Corporation (NMC) has conducted raids on seven dealers in last three days for local body tax (LBT) evasion and not issuing original bills to customers. NMC's LBT department has also warned businessmen eligible under LBT norms to avoid violations of the rules.

The department's team led by assistant commissioner (LBT) Mahesh Dhamecha conducted the searches.

Dhamecha said many dealers are not issuing sale bills to customers as per LBT's rule 22. "No record is maintained in the purchase register and lot of goods are being brought to the city through kuccha bills or cash transactions. Also, purchase records are not being disclosed. Dealers paying LBT are suffering losses as those evading the tax are selling products at lesser prices," he said.

The team led by Dhamech raided Faisal Car Decor at Old Bagadganj, Gangabai Ghat Road; Ganapati Auto Agency; and Salaskar Enterprises, all dealing in car decor items on Monday.

On Tuesday, raids were conducted on Pathak General Stores and KulLakshmi General Stores on Bhandara Road, Itwari, both dealers in cosmetic products.

On Wednesday, the team raided Shree Sales, a dealer in kitchen and ancillary hardware, and Millennium Motors, a dealer in car accessories in Bagadganj area.

Source : http://articles.timesofindia.indiatimes.com/2014-01-02/nagpur/45798290_1_lbt-nagpur-municipal-corporation-bhandara-road