Need Tally
for Clients?

Contact Us! Here

  Tally Auditor

License (Renewal)
  Tally Gold

License Renewal

  Tally Silver

License Renewal
  Tally Silver

New Licence
  Tally Gold

New Licence
 
Open DEMAT Account with in 24 Hrs and start investing now!
« VAT (Value Added Tax) »
Open DEMAT Account in 24 hrs
 Gujarat slashes tax on ATF by 5 per cent
 CENVAT Credit can’t be denied If ISD invoices issued for distribution of ITC prior to Registration
 1 step forward, 2 steps back. Is GST going the VAT way?
 1 step forward, 2 steps back. Is GST going the VAT way?
 Pending VAT comes to haunt companies claiming input tax credit
 One-time settlement of VAT, excise disputes in the works
 Haryana government uploads photos of VAT defaulters
 Filing of online return for 4th quarter of 2017-18 extension of period thereof.
 No Cenvat credit admissible on outward transportation services from factory to buyer’s premises
  Filing of reconciliation return in form 9 for the year 2016-17
 Govt may send notice to 162 companies; ask for VAT returns

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 2024 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting