Raj govt exempts PoS machines from VAT

The Rajasthan government today exempted point-of-sale (PoS) machines, including micro ATMs, from value added tax (VAT) to encourage cashless transactions in the state.
The decision to exempt the machines from VAT was taken on the directions of Chief Minister Vasundhara Raje to encourage small scale businessmen to purchase PoS devices and strengthen the infrastructure for digital and cashless payment in the state, a release issued here said.
There was 14.5 per cent VAT on PoS machines which has been exempted by a notification issued today, it said.