« VAT (Value Added Tax) » Open DEMAT Account in 24 hrs  Gujarat slashes tax on ATF by 5 per cent  CENVAT Credit can’t be denied If ISD invoices issued for distribution of ITC prior to Registration  1 step forward, 2 steps back. Is GST going the VAT way?  1 step forward, 2 steps back. Is GST going the VAT way?  Pending VAT comes to haunt companies claiming input tax credit  One-time settlement of VAT, excise disputes in the works  Haryana government uploads photos of VAT defaulters  Filing of online return for 4th quarter of 2017-18 extension of period thereof.  No Cenvat credit admissible on outward transportation services from factory to buyer’s premises   Filing of reconciliation return in form 9 for the year 2016-17  Govt may send notice to 162 companies; ask for VAT returns «  State govts to insist on higher share of CST compensation... Flat buyers’ forum seeks VAT refund... » Cut in VAT to make milk products, sweets cheaper November, 22nd 2012 Sweets and other milk products like butter and cream will soon get cheaper, with UT finalizing a proposal to bring down value added tax (VAT) to bring it on a par with the rates in Punjab. A decision in this regard was taken at a meeting of the advisory committee on VAT which took up representations from various traders' organizations too. In UT, 5% VAT is charged on sweets, which is not the case in the neighbouring state. There had been a demand that it should be scrapped. Similarly, VAT on cream and butter is 12.5% and on desi ghee, it is 5%. There is no VAT on milk in UT, whereas it is 5% on "paneer". It was decided that uniformity would be brought in VAT on cream, butter and desi ghee, by charging 5% on each of these.