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: form 3cd :: due date for vat payment :: Central Excise rule to resale the machines to a new company :: VAT Audit :: cpt :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: TDS :: ACCOUNTING STANDARDS :: articles on VAT and GST in India :: empanelment :: TAX RATES - GOODS TAXABLE @ 4% :: VAT RATES :: ARTICLES ON INPUT TAX CREDIT IN VAT :: ACCOUNTING STANDARD :: list of goods taxed at 4%
 
 
VAT (Value Added Tax) »
 Is it a modified Value Added Tax?
 GST regime: VAT Commissioner and CBEC to work with businesses
 Amendments in the Second Schedule appended to the Act (Delhi Value Added Tax Act, 2004)
 Guidelines relating to downloading of Statutory Forms-Modification thereof
  Grant of Registration under DVAT & CST
 VAT on petroleum products to continue, to be decided by GST Council
 Government rolls out settlement scheme to clear VAT, CST dues
 Maharashtra government offers VAT benefit to realty buyers
 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

Traders down shutters against VAT on spices
July, 22nd 2014

The traders of the city on Monday shut their shops in protest against the 5% VAT on raw masala (spices).

The Rajasthan Khadya Padarth Vyapar Sangh (RKPVS) claimed that masala traders in 247 mandis in the state kept their shops shut as a mark of protest against imposing 5% VAT.

RKPVS president Babulal Gupta said that till July 31, all the spices traders would keep their shops closed. The RKPVS would organize a general body meeting on July 31, in which it would take decision on their protest, if the government does not fulfill their demand.

The traders claimed that the decision to impose VAT on raw spices would give rise to prices and it will decrease employment opportunities and affect overall trade of raw spices in the state.

The traders pointed out that when there was no VAT on raw spices, the state's mandis (markets) saw impressive sale of raw spices as traders from neighbouring states including Madhya Pradesh, Uttar Pradesh, Haryana, Punjab, Gujarat and Delhi came to Rajasthan and purchased raw spice from the state's markets. Rajasthan is not a great producer of chilli, even though traders from other states come to buy chilli from the state.

The farmers also sold their crops in Rajasthan only and they did not have to pay huge amount on transportation to sale their produce in other states.

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

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