"We have called for an indefinite trade bandh and all wholesale and semi-wholesale markets will remain closed in Maharashtra from April 22 against LBT and LPT," Federation Association of Maharashtra (FAM) President Mohan Gurnani told PTI here.
The Maharashtra government had imposed LBT in lieu of Octroi from April 1 this year across the state and from October 1 in Mumbai city following which there is a strong resentment against it amongst the trading community in the state.
Also, the traders were threatened with penal action including two years imprisonment if they fail to pay the dues, Gurnani said.
Traders across the state are opposing the present form of LBT which is totally at variance with the draft submitted by the FAM and other chambers of commerce. It has appealed the state government to keep the implementation of LBT in abeyance till further discussion with the trading community to arrive at a consensus.
The Gujarat government had increased VAT from 4 per cent to 5 per cent and abolished the Octroi. Against this, the Maharashtra government had increased VAT from 4 per cent to 5 per cent and still continued with Octroi. There is no LBT in India except in Maharashtra, he said.
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