Latest Expert Exchange Queries

GST Demo Service software link: https://ims.go2customer.com
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
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) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
 
 
 
 
Popular Search: form 3cd :: empanelment :: list of goods taxed at 4% :: ARTICLES ON INPUT TAX CREDIT IN VAT :: due date for vat payment :: articles on VAT and GST in India :: TDS :: ACCOUNTING STANDARD :: VAT Audit :: TAX RATES - GOODS TAXABLE @ 4% :: Central Excise rule to resale the machines to a new company :: ACCOUNTING STANDARDS :: VAT RATES :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: cpt
 
 
VAT (Value Added Tax) »
 Disposal of pending Form DVAT 04 & Form DVAT 07 applications: regarding
 Cenvat Credit Rules, 2017 III Part
 VAT phased out in TS
 Cenvat Credit Rules, 2017 II Part
 Cenvat Credit Rules, 2017 – Part I
 How much do you know about VAT as a taxpayer?
 New tax structure not higher than VAT
 Cos will be reimbursed for exemptions that currently exist in the VAT regime
 GST will get states more than VAT
 Is it a modified Value Added Tax?
 GST regime: VAT Commissioner and CBEC to work with businesses

Vasundhara Raje government exempts food, marble items from VAT
July, 31st 2014

Rajasthan Chief Minister Vasundhara Raje on Wednesday announced tax and VAT exemptions on certain food and marble-granite items.

Replying to a debate on Rajasthan Financial Bill 2014-15, Raje said weight to area norms for marble and granite was rationalised from 5 kg/sq ft to 6 kg/sq ft in case of slabs and from 4 kg/sq ft to 5 kg/sq ft in case of tiles.

VAT would be levied on specific duty basis, slabs are also reduced, and some rationalisation of duty rates would also be adopted, she added.

She maintained entertainment tax on all films but exempted Rajasthani language movies.

Among the major announcements that the CM made in her speech include developers and builders exempted from payment of work contract tax for the period before April 1, 2014 in certain situations.

The state government also announced VAT rate on cooked food in restaurants at 5 per cent; coconut oil sold in small containers up to 200 ml at 14 per cent and fruit jams, jelly, packed fruit drinks and juices at 14 per cent, respectively.

Also, statues costing up to Rs 1,000 have been exempted from VAT while the tax rate on those costing more than Rs 1,000 has been reduced from 14 per cent to 5 per cent.

Raje said about 20,000 kms of road would be built at an estimated cost of Rs 70,000 crore on PPP model.

Also, the existing 25,000 ration shops connected with Public Distribution System (PDS) would be modernised and other grocery, food, cold drinks, and other daily used items of branded companies would be sold as an outlet, especially in rural areas, the CM added.

A hanging bridge on Chambal river in Kota, road bypass in Beawar-Nasirabad, new District Transport Office in Nasirabad, three degree colleges in Weir (Bharatpur),
Badisadari, and Anoopgarh, police training centre in Bharatpur, and Sainik School in Jhunjhunu would be opened in the current fiscal, Raje said.

For sandy desert districts of Jaisalmer and Barmer, a Maru Vikas Board would be set up in Barmer, she said, adding that the annual lease charged on house every year would be turned into free-house-hold fee (one time).

She further said that her government would provide 15 lakh job opportunities to youth with the setting up of skill development centres, for which 22 companies have signed MoU with the state government.

The CM said that her government would work on better financial management, investment promotion, inclusive growth, and built better delivery systems.

Jaipur Metro Rail Phase II would come up and JMRC had submitted its three years accounts report to the government, she assured the house.

Two road repair ambulance would be deployed in Jaipur to manage maintenance, and a butter-fly park would be set up at KC Smirti Van in Jaipur at a cost of Rs 5 crore, she added.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Internet Marketing Website Marketing Internet Promotion Internet Marketing India Website Marketing India Internet Promotion India Internet Marketing Consultancy Website Marketing Consulta

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