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Rajasthan VAT Rate Increased From 5% to 5.5%

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Rajasthan VAT Rate Increased From 5% to 5.5%. Recently Raj Tax Issued New Notification for Increasing in VAT Rate, Rajasthan VAT Rate has been increased from 5% to 5.5% Date of Effective 02-02-2016 Check Complete details for This Notification from Below….

Rajasthan VAT Rate Increased From 5% to 5.5%

In exercise of the powers conferred by sub-section (5) of section 4 of the Rajasthan Value Added Tax Act, 2003 (Act No, 4 of 2003), the State Government being of the opinion that it is expedient in the public interest so to do, hereby makes the following amendments in Schedule IV appended to the Act, with effect from 02.02.2016, namely

AMENDMENTS

In Schedule IV appended to the said Act,-

  • for the existing expression ‘”GOODS Taxable at 5%”, the expression “GOODS TAXABLE AT 5.5%” shall be substituted;
  • in column number 3, for the existing expression “5”, wherever occurring, the expression “5.5” shall be substituted;
  • in column number 3 of Part-A GOODS UNDER CATEGORY OF IT PRODUCTS, for the existing expression “5”, wherever occurring, the expression “5.5” shall be substituted; and
  • in column number 3 of Part-B GOODS UNDER CATEGORY OF INDUSTRIAL INPUTS, for the existing expression “5”, wherever occurring, the expression “5.5” shall be substituted.

[No. F. 12(42)FD/Tax/2010-123]
By order of the Governor

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About Raju Choudhary

Article by Raju Choudhary Raju has written 537 articles. If you like This post, you can follow CAknowledge on Twitter. Subscribe to CAknowledge feed via RSS or EMAIL to receive instant updates.

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