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Value Added Tax
VALUE ADDED TAX NEWS
Gujarat records 29 pc growth in GST collection in April
May 01, 2023 11:02 pm
It is also superior to the growth in Value Added Tax (VAT) collections.
Haryana records 16% rise in GST collection, 27% jump in VAT
April 02, 2022 1:53 am
As per data released by the department, by the end of the financial year 2021-22, the total collections had increased to Rs 54, 606 crore from Rs 46,151 crore that was collected in the year 2020-21, working out to an apparent increase of 18.32 per cent.
Petrol crosses Rs 100 in Bihar after another round of price hike
June 27, 2021 1:41 pm
The increase, second in as many days and 31st in less than two months, took rates across the country to fresh highs with Bihar becoming the latest state to see petrol cross Rs 100-a-litre mark.
Will consider suggestions to review VAT on petrol, diesel, says Manipur deputy CM
February 11, 2021 9:26 pm
Replying to a query raised by Congress MLA Surjakumar Okram, the deputy CM, who also doubles up as the finance minister, said that the existing VAT levied on petroleum products in the state is comparatively similar to other states in the Northeast.
Delhi govt slashes VAT on hybrid, battery-operated vehicles
May 12, 2016 3:51 am
Government officials said that with the reduction in VAT on hybrid vehicles, a large number of consumers are expected to switch from petrol/diesel vehicles to hybrid vehicles, bringing down vehicular emission.
Excise looks at options to impose Re 1 cess
September 29, 2014 1:29 am
As officials struggle to find a way to impose the cess, the department said one of the options under consideration is to increase VAT.
Small-town India takes off with sharp ATF cuts
August 21, 2014 5:35 am
West Bengal, Jharkhand, Chhattisgarh and MP have slashed the value-added tax on ATF.
GST stuck, ministers’ panel plans seventh study trip abroad
July 17, 2014 3:11 am
State finance ministers’ panel set to go to China, Russia next month.
UP rejects VAT cut, blames Centre for inflation
June 25, 2014 9:45 am
Ambika Choudhary during Question Hour, said: “VAT rates are rational in the state and are essential for the development of the state to fulfill the financial needs.”
Traders oppose LBT, say CM’s solutions not viable
June 17, 2014 12:59 am
Earlier in June, the BJP had warned of the government of intensifying its agitation against LBT if the Maharashtra government failed to abolish it in the next 10 days.
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