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VAT COMMITTEE
Karnataka plans excise policy that aims to cut alcoholic beverages consumption by 8-9% over six yearsKarnataka has released a draft excise policy proposing to cut alcohol consumption by 8–9% over six years, while shifting towards lower-stre...
EU Commission examines Italy's tax case against MetaThe EU VAT committee's assessment, the timing of which is unknown, will be non-binding, but a "No" from it could push the ministry and the ...
- FMs’ panel to discuss VAT
The empowered committee of state finance ministers is expected to take up on Monday the issue of evolving a common value-added tax (VAT) re...
- Ficci demands uniform VAT rates
A day ahead of a meeting of the Empowered Committee on VAT, industry chamber Ficci on Sunday voiced concern over the lack of uniformity in ...
- Gujarat ready to raise sales tax on bullion
Gujarat has indicated it would raise tax on precious metals to one per cent, after Delhi took up the matter with the VAT panel.
- VAT review: State FMs to meet on Monday
State finance ministers will meet on April 26 to review a host of implementation issues on value added tax (VAT), including the variations ...
- 'VAT collected from customers should not be shown as sales'
With 21 states ready to switch over to Valued-Added Tax from April one, the Institute of Chartered Accountants of India (ICAI) has said VAT...
- FM to again push for VAT rollout
The Centre has clearly not given up hopes on introducing state-level VAT from April 1.
- Govt may raise turnover limit for VAT to Rs 10 lakh
The government is actively considering raising the minimum turnover limit for the purpose of levying value added tax (VAT) from the present...
- Centre to compensate states' VAT losses
The Centre on Saturday said it will compensate revenue losses incurred by states due to the implementation of value added tax (VAT) regime.
- Committee wants total acceptance of VAT in all states
Against the backdrop of assembly elections in four states this year, the Empowered Committee of state finance ministers on VAT has taken th...
- VAT panel to meet FM in-mid July to set new roadmap
The Empowered Committee on Value-added Tax will meet the Finance Minister in mid July to discuss the "roadmap" for introduction of the new ...
- Tough ride: Ordinance can't clear the path
It's a tough situation for states wanting to implement the value added tax (VAT) regime. Even as the finance ministry is yet to draw a new ...
- MoF says new roadmap likely for VAT, talks on with political parties
The June 1 deadline for a host of states to implement VAT remains elusive. After distancing itself from VAT, the finance ministry has final...
- Centre to move service tax amendment
The political uncertainty on implementation of value added tax (VAT) by states notwithstanding, the Centre will go ahead and introduce the ...
- Jas washes hands of VAT, but states won't budge
Finance minister Jaswant Singh on Wednesday dropped the political hot potato called value-added tax but the empowered committee of state fi...
- VAT panel to meet on May 5 to iron out creases
The VAT juggernaut seems set to roll on June 1, even though the Centre has distanced itself from the patchwork implementation of the regime...
- VAT's April 1 debut hits roadblock
Available indications suggest that the Empowered Committee of State Finance Ministers has raised fresh doubts over the readiness of states ...
- VAT panel submits suggestions to Kelkar committee
The Empowered Committee on Value-added Tax on Thursday submitted its proposal on the nationwide tax regime to the Kelkar Task Force which i...
- Kelkar committee keen to usher in national VAT
Even as the Union government and states are struggling to clear the roadblocks in the way of the dual value added tax system, the Kelkar co...