Jyotiraditya Scindia pitches for rationalisation of tax rates on jet fuel"There are two solutions to the issue of VAT on ATF. Go to every state for rationalisation (of VAT) so that there is a level playing field....
09 Sep, 2021, 07.01 PM IST
GST to boost domestic manufacturing, won't up inflation: Hasmukh AdhiaThe government levies countervailing duty (CVD) and special additional duty (SAD) on imported goods to protect domestic manufacturers.
25 Apr, 2017, 05.50 PM IST
No VAT on items sold at discount: Consumers' bodyEarlier, state forums had rejected the plea of Woodland franchises in Chandigarh and Delhi that had refused to refund VAT charged to custom...
04 Feb, 2017, 10.41 AM IST
Karnataka ’s ecommerce tax will fall flat in court: ExpertsThe taxes department asked ecommerce firms including Amazon, Flipkart and Snapdeal to deduct 1% of the money payable to merchants towards t...
16 Oct, 2015, 03.35 AM IST
Haryana government revises goods tax rates in stateAs per proposed tax slabs, goods tax will be exempted for slab of up to 1.2 tonne while Rs 6,000 will be charged for slab between 1.2 tonne...
30 Jun, 2015, 11.24 PM IST
Amendment to Value Added Tax Act passed by Delhi governmentDelhi government today passed an amendment to the Value Added Tax (VAT) Act which will allow them to carry forward their credit for success...
24 Mar, 2015, 08.35 PM IST
Breather to Traders as Delhi VAT act gets ammendedSources say that the VAT target for the current fiscal year is Rs 18,200 crore while collections have been around Rs 16,500 crore.
14 Mar, 2015, 11.45 AM IST
Enforcement Directorate attaches properties in Mumbai on UK government's Letter RogatoryThe Prevention of Money Laundering Act gives ED the powers to act on the basis of Letter Rogatory against a person in India.
10 Oct, 2014, 06.56 PM IST
Duty refund claims touch Rs 4,800 cr; impacting exports: FIEORaising concerns over raising duty refund claims, exporters said that this is impacting shipments and the government must clear the arrears...
16 Dec, 2013, 03.54 PM IST
- Foreign tourists to get tax refund on goods purchased in Goa
Goa government will refund Value Added Tax (VAT) to foreign tourists on goods bought in the state while they return to the airport, from No...
26 Apr, 2013, 07.13 PM IST
- Budget '09: Need for indirect tax reforms
Reforms in the area of indirect taxes can play a significant role in giving the much needed impetus to economy.
03 Jul, 2009, 06.02 PM IST
- Shipping questions and answers13 Oct, 2008, 04.01 AM IST
- CVD excised, importers now on par with manufacturers
The revenue department has withdrawn the 4% special countervailing duty (CVD), also known as special additional duty (SAD), on VAT-paid imp...
19 Sep, 2007, 02.37 AM IST
- Single-window nod for SEZs on table
The development of special economic zones (SEZ) and the process of setting up units may soon become less complicated.
06 Sep, 2007, 02.54 AM IST
- West Bengal revenues rise after VAT entry
The West Bengal government’s problems of tackling a cash crunch seems to have partially eased.
15 Mar, 2007, 02.22 AM IST
- What's VAT? A primer
ET.com makes an attempt to understand the proposed legislation and its implication in a broad perspective.
31 Mar, 2003, 02.33 PM IST
- Exporters want income tax levied under 80HCC to go
Alleging that transactions costs have shot up, exporters have demanded full income tax (I-T) exemption under Section 80 HHC of the Income T...
07 Mar, 2003, 12.13 AM IST