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Mah Govt allows civic bodies to collect LBT from liquor companies

Mumbai, Jul 5 (UNI) Maharashtra government today decided to allow the municipal corporations to collect local body tax (LBT) from the liquor manufacturing companies, whose turnover is less than Rs 50 crore, to compensate loss incurred by the municipalities after abolition of octroi in the state.
The Cabinet took this decision to compensate losses incurred by the municipalities following abolition of octroi in the state.
Following this decision, 25 metropolitan municipalities can collect LBT from liquor manufacturers having a turnover less than Rs 50 crore in the wine and alcohol products, an official statement issued after the cabinet meeting here said.
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