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
 
 
 
 
« Sales Tax »
 Sales Tax sleuths blow
 FIR by sales tax dept upheld
 Reduce sales tax, value added tax on fuel
 Sales tax officer held for accepting bribe
 Three top sales tax officers suspended
 Notice to sales tax dept
 Steps to meet sales tax target
 Sales tax dept row
 Sales tax team returns empty
 Only central sales tax can be levied: Govt
 States not to review sales tax
 Govt's Rs 1 cr each in sales tax
 Fire on deputy commissioner sales tax
 
 

States not to review sales tax
August, 22nd 2009

States will not review the current sales tax rates on jet fuel as of now, even as the troubled aviation industry demanded reduction in the levy.

"The mood of states is not to review the (sales tax) rates of ATF," Value Added Tax (VAT) panel Chairman Asim Dasgupta told reporters when asked whether states will lower sales tax rates on jet fuel as global crude prices have come down drastically.

Dasgupta said states have asked the Centre certain questions on Aviation Turbine Fuel (ATF), but have not got a response so far.

He said states also do not want the centre to bring ATF in the declared goods category which will bind the states to levy sales tax on jet fuel up to 4 per cent only.

Sales tax on ATF vary widely among states.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2006 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd. Binarysoft Technologies - Our Vision