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 VAT and GST in India :: list of goods taxed at 4% :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: ACCOUNTING STANDARD :: empanelment :: ACCOUNTING STANDARDS :: form 3cd :: cpt :: due date for vat payment :: ARTICLES ON INPUT TAX CREDIT IN VAT :: TDS :: VAT RATES :: VAT Audit :: Central Excise rule to resale the machines to a new company :: TAX RATES - GOODS TAXABLE @ 4%
 
 
VAT (Value Added Tax) »
 Petrol prices set to rise in Goa with increase in VAT
 Payment systems to remain open on all days from March 25, 2017 to April 1, 2017
 Delhi cuts VAT on ATF to 1% for regional flights; other states to announce the same soon a
 Shops cannot charge VAT on discounted items: Consumer forum
 Delhiites have to pay lowest taxes as AAP govt announces cuts on VAT on various items
 Tamil Nadu minister justifies VAT hike on fuel
 State Government urged to withdraw hike in VAT on petrol, diese
 High VAT may encourage illegal trading
 Delhi budget unlikely to have any new tax proposals this year
 Date for filing quarterly VAT returns extended
 Framing of Central Assessments - Dated 2-2-2017 - VAT - Delhi

Exempt VAT on diesel for captive power; AP Govt urged
September, 12th 2012

The Andhra Pradesh Government should immediately issue a GO exempting VAT on diesel used for captive power generation by industrial units, as promised by the Chief Minister, according to the representatives of Federation of Andhra Pradesh Industries.

There is no justification for any further delay in view of the grave power crisis gripping the State and crippling the units, they said.

The plea was voiced by industrialists at a regional convention of industries organised here on Tuesday by the Federation of Andhra Pradesh Industries (FAPI). Andhra Minister Minister for Ports G. Srinivasa Rao has promised that he would take it to the notice of the Chief Minister.

B.V. Rama Rao, President of the federation, earlier said most of the units in the State were functioning at less than 50 per cent capacity due to the power crisis, and the small and medium units in particular were on the verge of closure.

They were not able to pay salaries to the staff, pay back bank loans and meet other commitments. Therefore, it was the bare minimum the Government could do for the industry, he said.

The Minister said that there is a grave power crisis in the State due to several factors such as insufficient rainfall hitting hydel generation and the non-availability of gas for gas-based power stations. Whatever the reason, I also own responsibility as the Minister for Investments.

He said the State Government would make all efforts to tide over the crisis.

We have signed MoUs for more than Rs 4,00,000 crore additional investment in the State as a whole and Rs 1,00,000 crore in the Visakhapatnam region alone. Therefore, we have to address the problem urgently. But it is only a short-time one and it will not hit investments in the long run. Even now, AP is regarded as a favourable destination for investment, he said.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Content Management System developers CMS developers Content Management Solutions CMS Solutions CMS India Content Management System India CMS development India Website CMS Website Content Management India Portal CMS India CMS Outsourcing CMS Vendor Complete CMS Custom CMS Services

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