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Page 3 - Vat

Essar Oil seeks extension on settling value-added tax arrears in UK

This seemed to be intended to calm speculation that it may be on the brink of collapse, following media reports to this effect

Essar Oil seeks extension on settling value-added tax arrears in UK
Updated On : 27 Sep 2021 | 2:36 AM IST

Talking to several states to reduce VAT on aviation turbine fuel: V K Singh

The aviation ministry is talking to different states urging them to reduce VAT on aviation turbine fuel (ATF), Minister of State for Civil Aviation, Road Transport and Highways Gen V K Singh said

Talking to several states to reduce VAT on aviation turbine fuel: V K Singh
Updated On : 09 Sep 2021 | 7:50 PM IST

'FTP benefits are available against settlement of claims by ECGC'

Expert answers readers' SME queries related to excise, VAT and exim policy

'FTP benefits are available against settlement of claims by ECGC'
Updated On : 23 Apr 2021 | 12:02 AM IST

Petrol stable after breaching Rs 86 a litre in Delhi, diesel crosses Rs 76

Rates differ from state to state, depending on value-added tax. Petrol and diesel prices are revised on a daily basis

Petrol stable after breaching Rs 86 a litre in Delhi, diesel crosses Rs 76
Updated On : 27 Jan 2021 | 6:56 AM IST

Oman to impose value-added tax amid coronavirus, oil price collapse

Oman''s state-run news agency reported the 5 per cent tax "will be applied to most goods and services at each stage of the supply chain."

Oman to impose value-added tax amid coronavirus, oil price collapse
Updated On : 12 Oct 2020 | 11:42 PM IST

GST Compensation revives bitter memory of Centre-state tussle over VAT

Under the VAT system, the compensation mechanism linked to the cut in central sales tax from 4% to zero had created bad blood between the union govt and the states

GST Compensation revives bitter memory of Centre-state tussle over VAT
Updated On : 09 Sep 2020 | 7:29 PM IST

In four hikes, petrol price increased Rs 2.14 per litre, diesel by Rs 2.23

Rates have been increased across the country and vary from state to state depending on the incidence of local sales tax or VAT.

In four hikes, petrol price increased Rs 2.14 per litre, diesel by Rs 2.23
Updated On : 10 Jun 2020 | 11:20 PM IST

Delhi govt lifts 'special corona fee' on liquor from June 10, raises VAT

The 'Special Corona Fee' was imposed last month on the Maximum Retail Price of liquor bottle as the government looked to earn additional revenue, hit badly due to the coronavirus lockdown

Delhi govt lifts 'special corona fee' on liquor from June 10, raises VAT
Updated On : 07 Jun 2020 | 2:28 PM IST

Don't eulogise GST for what it isn't

Regarding revenue realisation, there was a huge expectation that GST would lead to checking of leakage of revenue

Don't eulogise GST for what it isn't
Updated On : 03 May 2020 | 8:07 PM IST

Tamil Nadu presents fiscal deficit budget, expects 7.27 % growth

State's debt to increase to over Rs 4.56 trillion

Tamil Nadu presents fiscal deficit budget, expects 7.27 % growth
Updated On : 14 Feb 2020 | 10:52 PM IST

Soon, govt may introduce lottery system to incentivise GST filing

On the lines of the Delhi government's scheme for consumers under the VAT regime, the Centre's lottery system will aim to increase compliance

Soon, govt may introduce lottery system to incentivise GST filing
Updated On : 12 Dec 2019 | 11:26 PM IST

Chhattisgarh hikes VAT on petrol, diesel; prices rise by Rs 2.25 per litre

The hike is likely to earn Rs 250 to 300 crore to the state exchequer

Chhattisgarh hikes VAT on petrol, diesel; prices rise by Rs 2.25 per litre
Updated On : 08 Aug 2019 | 4:19 PM IST

Some of the conceptual issues in GST

The concept of taxable event was ratified by the SC four decades ago. Analysts should not confuse GST (VAT) with sales tax

Some of the conceptual issues in GST
Updated On : 04 Nov 2018 | 11:40 PM IST

Goa govt slashes VAT on petrol by 6%

This is the 3rd time in the last four and a half years that the state govt has slashed VAT on petrol

Goa govt slashes VAT on petrol by 6%
Updated On : 23 Dec 2016 | 4:07 PM IST

VAT dept recovers over Rs 2 crore from dealers in Delhi

200 dealers were doing business 'illegally' with the help of 'Bill Banvao Inam Pao Scheme'

VAT dept recovers over Rs 2 crore from dealers in Delhi
Updated On : 13 Jun 2016 | 1:12 PM IST

VAT collection has crossed Rs 20,000 crore: Delhi govt

It amounts to a growth of 11% which is higher than the growth of only 2% in last financial year

VAT collection has crossed Rs 20,000 crore: Delhi govt
Updated On : 26 Mar 2016 | 8:21 PM IST

VAT relief in Punjab, Haryana to help revive yarn units

States move to help industry as it was cheaper to buy yarn from other states

VAT relief in Punjab, Haryana to help revive yarn units
Updated On : 24 Mar 2016 | 2:24 AM IST