A senior Minister of state has said on Thursday that the newly introduced Local Body Tax, which is being opposed by the traders across the state, would not be implemented soon. It will be imposed on traders in the city only after due consensus among traders' associations is reached and after effecting a suitable legislation.He was speaking after a meeting held in state guest house Sahyadri , chaired by Chief Minister Prithviraj Chavan.President of the Federation of Retail Traders Welfare Association (FRTWA) Viren Shah announced in the meeting that they were calling off their strike. City MPs Gurudas Kamat, Priya Dutt, Guardian Minister Naseem Khan, Union Minister Milind Deora and MRCC Chief Janardhan Chandurkar were present at the meeting. Besides, around two hundred representatives from associations of traders and wholesalers also attended the meeting. NCP chief and Union Minister Sharad Pawar is also slated to meet Chavan on the LBT issue on Friday.