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New VAT rates effective from today
May, 05th 2010

The government of Goa, as proposed in the budget for 2010-2011, has amended the VAT rates of certain commodities effective from Wednesday.

The official notifications have been issued, which will, be published in the Official Gazette today.

The amended rates will, therefore, be effective from today onwards, as follows: All the commodities, other than declared goods, which are taxable at 4% shall be taxable at 5%; Country liquor, which is taxable at 10% will be taxable at 5%; and declared goods will continue to be taxable at 4%, but under separate entry No.16 of schedule "C".

 
 
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