HARYANA VAT INCREASED FROM 4 % TO 5 % NOTIFICATION

HARYANA GOVERNMENT
EXCISE AND TAXATION DEPARTMENT
Notification
The 15 Feb. , 2010
No. S.O. /H.A.6/2003/S.7/2010. -- In exercise of the powers conferred by subclause (iii) of clause (a) sub-section (1) of section 7 of the Haryana Value Added Tax Act, 2003 (Act 6 of 2003), the Governor of Haryana hereby directs that tax payable by a Value Added Tax dealer on sale of goods specified in Schedules ‘C’ from Serial No. 1 to 101 shall be calculated at the rate of five per cent with immediate effect.
RAMENDRA JAKHU,
Financial Commissioner and Principal Secretary
to Government Haryana, Excise and Taxation Department.

As per foot note given in schedule C , declared goods are exception ,so in the above notification also the items which are covered Under declared goods ,the rate remains the same i.e 4 % .No state Govt can impose tax more than 4 % on Declared Goods ,defined under section 14 of the CST act 1956.

Monday, February 15, 2010

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