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The Uttar Pradesh government''s decision in early May to halve value added tax (VAT) on cigarettes to 25%, within 10 months of raising it from % to 50%, was forced by flagging legitimate ...
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THE UTTAR PRADESH VALUE ADDED TAX Act 2008 (UP Act 2008) CHAPTER I Preliminary 1. (1) This Act may be called the Uttar Pradesh Value Added Tax Act, 2008. (2) It extends to the whole of Uttar Pradesh. (3) It shall be deemed to have come into force on January 1, 2008 2. In this Act, unless there is anything repugnant in the subject or context;
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Provided also that, for taxpayers having an aggregate turnover of up to ₹ 5 crore in the previous financial year, whose principal place of business is in the States of Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal ...
THE UTTAR PRADESH VALUE ADDED TAX ACT, 2008 As Amended by notification no 292 dt March 12th, 2015 SCHEDULEI (See clause (b) of section7 of Uttar Pradesh Value Added Tax Ordinance, 2007) List of Exempted goods Name and description of goods 1 2 1.
4. Regarding Sixth Amended Rule Goods and Service Act 2017 – Notification – 1531 – Date – 23/10/2017 3. Exemption on intra state supply of second hand goods and services – Notification No. 857 – Date – 2. Exemption on intra state supply of goods and services Notification No. 856 – Date . Continue reading "Uttar Pradesh"
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Sep 19, 2017· Calculate Service Tax and VAT on underconstruction property: Service tax is payable only on property purchase directly from builders. VAT is charged at the rate of 1% of "agreement value" in Mumbai and Pune and 5% in Bangalore. There is no VAT on underconstruction properties bought in NoidaNCR, Chennai and Kolkata.
FISCAL INCENTIVES AVAILABLE IN THE STATE OF UTTAR PRADESH: 1. Interest Free Loan under Industrial Investment Promotion Scheme 2003 (Industrial Development Department) Object Provide liquidity (working capital) in the initial years EligibilityNew .
by Sunil Kumar Gupta UTTAR PRADESH is the most populous state in India, with a large pool of skilled, semiskilled and unskilled labour. Alternately, the population is also looked upon as the largest consumer base in the country with approx. 223 million people. It is the largest producer of foodgrains among all States in India [.]
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Mar 02, 2016· VAT on Tobacco Products Hiked in Uttar Pradesh. India News ... 2012 . The state government has proposed a hike in VAT on tobacco products from 15% to 17% in its proposal today. ... Goa government ...
THE UTTAR PRADESH VALUE ADDED TAX ACT, 2008 ( Act No. 5 of 2008) [As passed by the Uttar Pradesh Legislature] AN ACT to provide for introducing Value Added System of taxation for the levy and collection of tax on sale or purchase of goods in the State of Uttar Pradesh and for matters connected therewith and incidental thereto.
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Builders in Uttar Pradesh may soon have to pay value added tax (VAT) on the sale of underconstruction projects, a move that may push up property prices. india Updated: Oct 25, 2013 09:06 IST ...
2012 U. P. VAT NOTIFICATIONS 1 [1] UTTAR PRADESH SHASAN SANSTHAGAT VITTA KAR EVAM NIBANDHAN ANUBHAG2 In pursuance of the provisions of Clause (3) of Article 348 of the Constitution, the Governor is pleased to order the publication of following English translation of Government Notification No. KA. NI.214/XI9(1)/
The deficit in the south is also close to zero in 201617 from a high of % in 201213. The NorthEast still has a deficit of % in 201617, the highest in the country. Power Deficit in States. It is interesting to note that the states that had the most power deficit were different in 201112 and 201213.
In 201213, Jammu Kashmir had a 25% power deficit followed by Andaman Nicobar. Andhra Pradesh, Tamil Nadu Bihar were the remaining states in the top five. In 201314, Andaman topped the charts with a 25% deficit followed by Jammu Kashmir. Uttar Pradesh, Meghalaya Karnataka were the remaining states in the top five.
The state legislature, however, passed the Uttar Pradesh Value Added Tax Act, 2008 which came into effect from January 1st, 2008 under the ambit of the Uttar Pradesh Tax board. The Uttar Pradesh VAT Act, 2008, therefore, regulates VAT taxation across the state.
2012 RATE OF TAX–ALPHABETICAL 1 UTTAR PRADESH VAT RATE OF TAX ALPHABITCAL Additional Tax Levied Sl. No. Description of Goods Rate 1 2 3 1. Goods described in Schedule II to the said Act other than declared goods. 1 percent 2. Natural Gas 5 .
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