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: Central Excise rule to resale the machines to a new company :: VAT RATES :: TDS :: empanelment :: TAX RATES - GOODS TAXABLE @ 4% :: form 3cd :: due date for vat payment :: articles on VAT and GST in India :: cpt :: ACCOUNTING STANDARD :: ARTICLES ON INPUT TAX CREDIT IN VAT :: ACCOUNTING STANDARDS :: list of goods taxed at 4% :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: VAT Audit
VAT (Value Added Tax) »
 Haryana govt exempts solar equipment from VAT
 AP to push for same benefits under GST for VAT exempted goods
 Andhra Pradesh to push for same benefits under GST for VAT exempted goods
 Petrol prices set to rise in Goa with increase in VAT
 Payment systems to remain open on all days from March 25, 2017 to April 1, 2017
 Delhi cuts VAT on ATF to 1% for regional flights; other states to announce the same soon a
 Shops cannot charge VAT on discounted items: Consumer forum
 Delhiites have to pay lowest taxes as AAP govt announces cuts on VAT on various items
 Tamil Nadu minister justifies VAT hike on fuel
 State Government urged to withdraw hike in VAT on petrol, diese
 High VAT may encourage illegal trading

With reducation in VAT to 5 per cent, cellphone accessories to become cheaper
April, 06th 2016

The Andhra Pradesh government has proposed to bring parity in tax imposed on mobile phones and their accessories and parts in the State.

The Commercial Taxes department has given its approval to the proposal, as at present the VAT on mobile phones is at 5 per cent while it is 14.5 per cent on accessories and parts of mobile phones. It agreed to the suggestion that there should be no differential tax rate between mobile phones and their accessories.

Neighbouring States, including Telangana, brought down VAT on mobile accessories to 5 per cent, but consumers in Andhra Pradesh continue to pay more for the same branded accessories. It has been brought to the notice of the department that the higher VAT on mobile phone accessories made many customers buy from the grey market or purchase them directly from dealers in other States, resulting in trade diversion from the registered dealers.

With the government encouraging mobile phone manufacturers to set up their units in the State, it was suggested that the VAT on mobile phone accessories and parts be brought down to 5 per cent from 14.5 per cent to give them a level playing field and compete in other markets.

The proposal to reduce VAT will be submitted to the Finance Minister Yanamala Ramakrishnudu in a couple of days and then forwarded to the Chief Minister for his approval, they said.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Our Mission

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