LBT in resale

Q: I am buying a resale flat in mira road. I have a question where and how to pay LBT for the resale .?
Whether it has to be paid with Stampduty through Gras online ie 6% STamp duty and 1% registration or the 1 % LBT to be paid seperate after registration

Jaikant,

29th June 2015

Buying property in Thane

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I am buying a resale flat in GURUWAR PETH, IN PUNE I have a question where and how to pay LBT for the resale .?
Whether it has to be paid with Stampduty through Gras online ie 6% STamp duty and 1% registration or the 1 % LBT to be paid seperate after registration BUT LBT IS CLOSED FROM JULY ANDAUG MONTH 2015 SO NOT APPLICABLE IS LOCAL BODY TAX

Jayshree Shah,

12th February 2016

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thanks what if my market value and agreement value is different then on which value stamp duty and registration value to be paid

Jaikant,

30th June 2015

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Hi,
Yes, you will have to pay 1% LBT even if ur buying a resale flat. Yow will have to pay 6% stamp duty on the market value of the property and 1% as a registration charges.

You can pay it to the sub-registrar offices across the State.

Ketalpujara, Mumbai

30th June 2015

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