Value Added Tax

Petrol, diesel become cheaper by upto Rs 3 per litre in Gujarat as state govt cuts VAT by 4%

Petrol, diesel become cheaper by upto Rs 3 per litre in Gujarat as state govt cuts VAT by 4%

The Centre had recently brought down excise duty on petrol and diesel by Rs 2 per litre.

Oct 10, 2017, 11:06 AM IST

Ordinance likely to amend SEZ Act for alignment with GST

Certain provisions in the special economic zone (SEZ) Act, 2005, are not consistent with the GST regime and need to be made compatible before the July 1 rollout date.

Jun 24, 2017, 11:28 AM IST
Mizoram GST Bill passed unanimously

Mizoram GST Bill passed unanimously

Mizoram assembly unanimously passed the Mizoram Goods and Services Tax (GST) Bill, 2017 in a one-day special session of the legislature on Thursday.

May 25, 2017, 15:56 PM IST
Legal experts divided over service charge in restaurants

Legal experts divided over service charge in restaurants

Opinion appears to be divided among legal experts on the government's approach on service charge in restaurants, with a section terming it totally "illegal and unfair" trade practice and the other favouring making the levy optional.

Mar 05, 2017, 13:16 PM IST
GST rate will go up if Kejriwal keeps luxury item out of budget: Jaitley

GST rate will go up if Kejriwal keeps luxury item out of budget: Jaitley

Union Finance Minister Arun Jaitley on Monday said Delhi Chief Minister Arvind Kejriwal`s `zero tax` budget that aims to rationalise the Value Added Tax (VAT) structure and keep luxury items out of the proposed GST, will automatically lead to the standard rate of GST going .

Apr 04, 2016, 13:28 PM IST
Likely government intervention to lower steep restaurant bills

Likely government intervention to lower steep restaurant bills

Food bills in steeply priced restaurants are seen coming down, as government  is likely to issue guidelines for restaurants to curb the arbitrary charging of service tax.

Nov 13, 2015, 11:41 AM IST

Fuel, liquor, cigarettes to cost more in Maharashtra

In its efforts to raise more funds for tackling drought in the state, Maharashtra government has decided to levy a surcharge of Rs 2 on petrol and diesel while VAT on liquor, cigarettes and beverages have also been raised by 5 per cent.

Sep 30, 2015, 18:17 PM IST

Will flight fares come down as Jet fuel price slashed by 11.7%?

Aviation Turbine Fuel (ATF) price in Delhi was cut by Rs 5,469.12 per kilolitre (kl), or 11.7 percent, to Rs 40,938.24 per kl, oil companies announced on Tuesday.

Sep 01, 2015, 12:55 PM IST

Haryana petroleum dealers suspend stir after talks with govt

Petrol pumps in Haryana resumed services on Tuesday after petroleum dealers suspended an indefinite strike against "non-fulfilment" of their demands including lowering tax on diesel by the state government.

Jul 21, 2015, 13:53 PM IST

Panel discussion on increase of VAT on petrol, diesel by Delhi govt- Part II

The raise in the prices of petrol and diesel is the first hike in Value Added Tax effected by Aam Aadmi Party government since capturing power in Delhi.

Jul 16, 2015, 20:36 PM IST

Panel discussion on increase of VAT on petrol, diesel by Delhi govt

The raise in the prices of petrol and diesel is the first hike in Value Added Tax effected by Aam Aadmi Party government since capturing power in Delhi.

Jul 16, 2015, 20:36 PM IST

Punjab, Haryana hike VAT on diesel

Punjab and Haryana raised Value Added Tax (VAT) on diesel, negating the full benefit of Rs 2 per litre cut on fuel to consumers.

Jul 16, 2015, 18:15 PM IST

Congress protests outside Kejriwal's residence over petrol, diesel VAT rate hike

The Youth Congress workers on Thursday staged a protest outside Chief Minister Arvind Kejriwal's residence over the Value Added Tax (VAT) hike on petrol and diesel.

Jul 16, 2015, 13:28 PM IST
BJP workers protest against AAP over petrol, diesel VAT rate hike in Delhi

BJP workers protest against AAP over petrol, diesel VAT rate hike in Delhi

Bharatiya Janata Party (BJP) workers on Thursday staged a protest against Delhi Chief Minister Arvind Kejriwal-led Aam Aadmi Party over the Value Added Tax (VAT) hike on petrol and diesel.

Jul 16, 2015, 12:40 PM IST

Increase in VAT exposes 'dual face' of AAP: BJP

Delhi BJP chief Satish Upadhyay on Thursday asserted that the increase of Value Added Tax (VAT) by the Aam Aadmi Party Government in Delhi has exposed the dual face of the party.

Jul 16, 2015, 11:16 AM IST

BJP warns of strike against Kejriwal govt's move on VAT

BJP on Wednesday warned of a strike by transporters and traders in the national capital if the AAP government fails to revoke its decision to amend the existing VAT rules through the "backdoor".

Jul 01, 2015, 14:01 PM IST

NSUI workers protest outside Kejriwal's residence over VAT Bill

The NSUI workers staged a protest outside Delhi Chief Minister Arvind Kejriwal's residence here on Wednesday over the Value Added Tax (VAT) Amendment Bill.

Jul 01, 2015, 09:01 AM IST
Delhi Assembly passes amendment to VAT Act

Delhi Assembly passes amendment to VAT Act

The Value Added Tax (Amendment) Bill was passed by the Delhi Assembly on Tuesday.

Jun 30, 2015, 20:30 PM IST

We have not increased VAT: AAP

Aam Aadmi Party ( AAP) leader Raghav Chadha on Tuesday said that the party has not increased the Value Added Tax (VAT) but rather tabled an amendment bill in the Assembly for bringing flexibility in fixing VAT.

Jun 30, 2015, 14:52 PM IST

Petrol to be costlier in Goa from Wednesday

Petrol will cost more in Goa from Wednesday as the state government has increased Value Added Tax (VAT) from 10 to 15 per cent.

Mar 31, 2015, 22:39 PM IST