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: TAX RATES - GOODS TAXABLE @ 4% :: VAT RATES :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: form 3cd :: list of goods taxed at 4% :: articles on VAT and GST in India :: due date for vat payment :: TDS :: VAT Audit :: ARTICLES ON INPUT TAX CREDIT IN VAT :: ACCOUNTING STANDARD :: Central Excise rule to resale the machines to a new company :: empanelment :: cpt :: ACCOUNTING STANDARDS
 
 
« VAT (Value Added Tax) »
 Date for filing quarterly VAT returns extended
 Framing of Central Assessments - Dated 2-2-2017 - VAT - Delhi
 CENVAT Credit (Amendment) Rules, 2017
 VAT to Give Way to Consumption Tax
 Import stage VAT under new VAT law
  VAT returns: Relief for traders as UT allows old form
  Grant of Registration under DVAT and CST
 Taxpayers Face Big Financing Costs From VAT Bill 2017
 VAT returns: Relief for traders as UT allows old form
 Gov’t agrees to retain VAT exemptions of seniors, PWDs Read more: https://business.inquirer.net/223121/govt-agrees-retain-vat-exemptions-seniors-pwds#ixzz4W5NV2I48 Follow us: @inquirerdotnet on Twitter | inquirerdotnet on Facebook
 Understanding VAT refunds

Haryana exempts bio-fertilisers from VAT
June, 03rd 2015

The Haryana government has decided to exempt bio-fertiliser from levy of VAT to bring it at par with chemical fertilisers.

At present, the bio-fertilisers are taxable at the rate of 5 per cent whereas chemical fertilisers are tax free in the state.

A decision to this effect was taken in a meeting of State Cabinet held under the Chairmanship of Chief Minister Manohar Lal Khattar here today.

The government is keen to encourage the use of bio-fertilisers by the farmers in the state to protect the environment and soil health, an official spokesman said here.

The Cabinet has also decided to reduce the VAT rate from 12.5 per cent to 5 per cent on LED lights.

Besides, it has also been decided to reduce the VAT rate of pipe fittings from 12.5 per cent to 5 per cent in the state to bring consistency in the tax rates of pipes and pipe fittings.

All kinds of pipes are taxable at the rate of 5 per cent whereas pipe fittings are taxable at the rate of 12.5 per cent. The Cabinet has decided to reduce the VAT rate from 12.5 per cent to 5 per cent on pre engineered steel building and steel components thereof including puff panels.

"It will promote industrialisation in the State as pre engineered steel buildings are being used these days for setting up of industries and godowns," he said.

The Cabinet also decided to amend the Rule 7 of the Central Sales Tax Haryana Rules, 1957 to enable the online issuance of 'C' forms.

It is mandatory for traders engaged in inter-state transactions to fill form 'C' with their quarterly VAT returns.

Traders used to complain that these forms are out of stock and they had to buy from other states.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Integrated Software Solutions Integrated Software Development Integrated Software Services Integrated Software Solutions India Integrated Softw

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