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: ARTICLES ON INPUT TAX CREDIT IN VAT :: TAX RATES - GOODS TAXABLE @ 4% :: articles on VAT and GST in India :: Central Excise rule to resale the machines to a new company :: list of goods taxed at 4% :: empanelment :: VAT RATES :: VAT Audit :: ACCOUNTING STANDARD :: ACCOUNTING STANDARDS :: cpt :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: form 3cd :: TDS :: due date for vat payment
VAT (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
 Income Tax Appellate Tribunal Bangalore Banches Bangalore 'A' Bench DB Case Causelist for The Week from 22-05-2017 To 25-05-2017

Govt to consider VAT relief on biofuel
August, 13th 2012

Chief minister Jagadish Shettar has assured that the government will consider reducing value added tax (VAT) on biofuel to 5% from the existing rate of 14%. Inaugurating the Biofuel Mela 2012 in the city on Friday, he said, I will consult with various departments and see whether we can reduce the VAT to 5%.

The three-day mela is being organised by the Karnataka State Biofuel Development Board (KSBDB) and will feature several cultural programmes, exhibitions as well as discussions. The inaugural day of the mela also coincided with the International Biodiesel Day, celebrated worldwide on August 10.

Shettar lauded the initiatives of KSBDB and said that such events were necessary to increase the profile and awareness of bio-energy among the general public. More awareness should exist about bio-energy, because we all need to look at the day when conventional sources of energy might run out. We need to increase the use of biodiesel, he added.

The chief minister also said that he will consider giving the KSBDB an additional `14 crore to carry on their activities involving farmers. He also announced that a first of its kind bio-energy bunk would be set up in the state. Currently, nearly 2,000 KSRTC buses are running on blended petrol. For the first time in the country, there will be a bio-diesel outlet in the state, he added.
Shettar also spoke about the prevailing drought in the state and encouraged farmers to take up crops such as neem and millets like pongamia in the dry areas.

The mela features stalls exhibiting the work done by KSBDB, as well as those put up by private companies working on alternative energy sectors such as solar and wind energy. Students from the National Institute of Engineering have also put up stalls, highlighting the projects they have done on biomass technology.
The final day, on Sunday, will feature a walkathon from Chitrakala Parishad, the venue of the mela, to

Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
SEO Company Search Engine Optimization Company US SEO Local SEO Company Website SEO Company Alabama SEO Company Alaska SEO Company Arizona SEO Company Arkansas SEO Company California SEO Company Colorado SEO Company Connecticut SEO Company Delawa

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