The Chief Minister maharashtra as assured some changes in LBT; 1) increase in import limit (purchase from outside local municiple corporation limit) from exisiting Rs.1 lakhs to Rs.3 Lakhs. (2) increase in limit of local purchase from Rs.1.5 lakhs to Rs.4 lakhs. (3) reduction in penal interest rate @ 1.25 permonth from 2% to 3%. (4) reduction in record keeping period from 10 years to 5 years (5) Monthly payment date to 20 of next month from 10th day etc. 
Regards,
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CA.C.V.PAWAR
PATIL DAWARE GIRASE PAWAR & ASSOCIATES
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CA.C.V.PAWAR
PATIL DAWARE GIRASE PAWAR & ASSOCIATES
CHARTERED ACCOUNTANTS
0253-2319641. M-9423961209
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