Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: cpt :: empanelment :: ARTICLES ON INPUT TAX CREDIT IN VAT :: TDS :: form 3cd :: articles on VAT and GST in India :: ACCOUNTING STANDARDS :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: VAT RATES :: Central Excise rule to resale the machines to a new company :: TAX RATES - GOODS TAXABLE @ 4% :: ACCOUNTING STANDARD :: due date for vat payment :: VAT Audit :: list of goods taxed at 4%
 
 
VAT (Value Added Tax) »
 Govt should focus on income tax instead of VAT
 Amendments in the second Schedule received from Finance Deptt.
 VAT exemption stays in tax reform bill
 Income Tax Appellate Tribunal Bangalore Banches Bangalore 'A' Bench DB Case Causelist for The Week from 22-05-2017 To 25-05-2017
 Amendments in Second schedule appended to Delhi Value Added Tax Act, 2004
 Haryana govt exempts solar devices from VAT net
 Court rules out VAT on Paradise equity transfer
 VAT gone but riddle of derivatives traded on commodity exchanges lives on
 Rule 2(L) Of Cenvat Credit Rules, 2004 Amended
 Haryana govt exempts solar equipment from VAT
 AP to push for same benefits under GST for VAT exempted goods

Transporters demand waiver on VAT, duty on diese
February, 11th 2013

The All India Motor Transport Congress has demanded that the government should reduce the excise, custom duty and VAT on diesel as Central and state taxes make up nearly half of the diesel price.

"Diesel is a major factor which increases our transportation costs. The burden is usually passed on to the common man, who has to pay more for vegetables, fruits and other essential commodities,'' said Bal Malkit Singh of AIMTC.

At the recent meeting with the Prime Minister-appointed Central committee on transport development in Mumbai, Singh pointed out that unless the taxes on diesel were rolled back, the common man would continue to suffer. "The government needs to take a sympathetic view on the issue. Increasing diesel costs every month will only add to the burden of the consumer."

He stated the rising diesel prices would also increase the freight charges of goods. In the past few weeks, the freight charges went up by around 2% and is likely to go up further.

"Diesel price hike is a very sensitive issue to the road transport industry. We have asked the Central panel to consider our demands and give us waivers in VAT/duty on diesel,'' he stated.
"Transporters are the worst affected by the differential pricing in different states as the vehicles travel throughout the country. We, therefore, suggest uniform rate of diesel across the country,'' he added.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Application Management Solutions Application Management System Application Management Software System Application Management Development Application Management Software Development

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions