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LBT

LBT, octroi can be levied on Sodexo meal vouchers: Bombay HC

Observing that Sodexo meal vouchers are utility goods, which are capable of being sold, delivered and possessed, the Bombay High Court has held that octroi and Local Body Tax (LBT) can be levied on them.

SC refuses to grant interim stay on LBT

The Supreme Court on Friday refused to stay imposition of Local Body Tax (LBT) for every raw material used or imported into city limits by all businesses, traders and manufacturers.