Value Added Tax (VAT)

RECENT NEWS
The Hindu Business Line  Oct 10  Comment 
Petrol will be cheaper by Rs 2 and diesel by Re 1 per litre across Maharashtra from midnight today after the state government reduced the value-added tax (VAT) on the fuels. Making the announcement...
The Economic Times  Oct 10  Comment 
The Hindu Business Line  Oct 5  Comment 
The Gujarat government on Thursday gave indications of a possible reduction in the Value Added Tax (VAT) rates for petrol and diesel after the Centre asked States to take measures to bring down the ...
The Economic Times  Oct 4  Comment 
Finance Minister Arun Jaitley will soon write to all state chief ministers urging them to cut VAT on petrol an diesel, Oil Minister Dharmendra Pradhan told reporters here.
The Hindu Business Line  Oct 4  Comment 
Financial Times  Oct 4  Comment 
Measures align with global efforts on avoidance and aim to cut companies’ administration burden
guardian.co.uk  Sep 21  Comment 
Public finances still rising as a proportion of GDP despite unexpectedly strong figures for August Britain’s public sector spending deficit dropped to its lowest August total since 2007 after an increase in VAT revenues and a squeeze on local...
The Hindu Business Line  Sep 20  Comment 
Defends govt decision to not lower central excise duty on fuel
The Times of India  Sep 15  Comment 
The Centre had been keen to bring petroleum products under ambit of GST, which was implemented on July 1, from the start.
The Economic Times  Aug 18  Comment 
Inputs like natural gas are used for power generation as well as in manufacturing fertiliser, petrochemicals and a variety of products like glass.
The Economic Times  Aug 17  Comment 
Ghee, which is a major product sold during festivities, had attracted a 5% value-added tax (VAT) earlier in the North as against a 14.5% VAT charged in the South.
The Hindu Business Line  Jul 12  Comment 
Gross revenue collection in Tamil Nadu has grown 10 per cent in 2016-17 over that of the previous year, thanks to VAT collection. However, revenue from registrations has taken a beating, reflecting t...




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