Value Added Tax (VAT)

RECENT NEWS
The Hindu Business Line  Nov 15  Comment 
Diesel prices in Punjab went up by about 77 paise a litre with SAD-BJP-led government raising VAT on diesel by 1.5 per cent to 11.25 per cent with effect from today. The hike in VAT on di...
The Hindu Business Line  Nov 1  Comment 
Sugar mills in Tamil Nadu have been handed a nasty surprise by the State Government levying a 5 per cent VAT on sugar from today. Simultaneously, the government has also done away with t...
The Economic Times  Nov 1  Comment 
Tamil Nadu has imposed value-added tax of 5% on sugar, joining neighbouring Andhra Pradesh and likely resulting in higher prices for consumers.
Financial Times  Oct 31  Comment 
FTSE 100 makes best weekly gain in eight months
The Hindu Business Line  Oct 27  Comment 
There is a good news for those under VAT (value added tax) bracket in the cyclone-affected areas in north coastal districts of Andhra Pradesh as the State Government has extended the deadline for...
The Hindu Business Line  Sep 20  Comment 
In a bid to give fillip to the aviation sector, the Andhra Pradesh Government has reduced the value added tax on aviation turbine fuel (ATF) to just one per cent from the existing 16 per cent....
The Hindu Business Line  Sep 18  Comment 
The Southern India Mills’ Association has appealed to the State Government to bring down the VAT rate from 5 per cent to 2 per cent Association representatives had met the State Finance...
Financial Times  Sep 17  Comment 
Unexpected European court decision means that services supplied between a group’s headquarters and its branches set to be subject to value added tax
Financial Times  Aug 29  Comment 
Cluster of data suggest that the aggressive support of the government’s ‘Abenomics’ policies is continuing to fail to prevent stagnation




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