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: ACCOUNTING STANDARDS :: articles on VAT and GST in India :: ARTICLES ON INPUT TAX CREDIT IN VAT :: VAT Audit :: VAT RATES :: cpt :: due date for vat payment :: ACCOUNTING STANDARD :: TDS :: TAX RATES - GOODS TAXABLE @ 4% :: Central Excise rule to resale the machines to a new company :: form 3cd :: empanelment :: list of goods taxed at 4% :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes
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

Cut VAT on CNG: Striking autorickshaw drivers to govt
May, 21st 2012

Over 100,000 autorickshaw drivers in Ahmedabad remained off road on Friday as part of a symbolic one day protest against frequent rise in CNG prices, which has increased by 42 per cent in last one year, and demanded that VAT on the commodity be decrease or removed.

Autorickshaw drivers' unions have demanded that the government should decrease the value added tax (VAT) on CNG which at present is 15 per cent or provide them CNG at a subsidised rates. Following the strike, large number of commuters at railway station and bus depots were stranded. There were some alternative arrangements at the railway station, but it was not enough for all the passengers arriving in the city. Same was the case at bus depot.

The CNG price in May last year was Rs 37.16 per kg, which has now reached, including latest hike on May 15, to Rs 53 per kg, an increase of 42 per cent. The primary supplier of CNG to Ahmedabad is Adani Gas which has 50 CNG stations in the city. It also supplies natural gas to 150,000 lakh domestic customers, 700 industries and 1100 commercial customers in Ahmedabad. Adani gas has attributed hike in CNG to increase in prices of liquified natural gas and fluctuation in currency exchange rates. As many as 11 autorickshaw drivers' unions from the city came together against the frequent increase in CNG prices by the gas company, an have demanded decrease in VAT instead of rising the auto fares. "Increasing auto fares will only burden our customers who will have be pay more. The government should either decreases the VAT or gives CNG at subsidised rates or gets the gas companies to withdraw the rise that was imposed on May 15," convenor for the Ahmedabad Autorickshaw Drivers' Sangharsh Morch (AADSM) Raju Sirke said

"This was fifth increase in the last one year by the Adani Gas company which supplies CNG in Ahmedabad," he added. The AADSM in a statement said that they have made representation to the government asking them the lower the VAT rates on CNG. They said that if the government does not take any decision on the rising CNG rates, the association would be forced to strike again.

"Autorickshaw drivers' associations from other parts of the state will also be joining the stir if the government does not act now," the statement added.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Content Management System developers CMS developers Content Management Solutions CMS Solutions CMS India Content Management System India CMS development India Website CMS Website Content Management India Portal CMS India CMS Outsourcing CMS Vendor Complete CMS Custom CMS Services

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