The Value Added Tax Rate in Maharashtra for the goods falling under Schedule C, except declared goods was increased from 5% to 5.50% with effect from 01.04.2016 vide Notification No. VAT. 1516/CR-31/Taxation 1 dated 30.03.2016 & Trade Circular No.9T of 2016 dated 22.04.2016. Now, vide Notification No. Rate (%) Schedule No 57 Bi-Cycle (+ Parts, Accessories, Components) 5 C 58 Bidi-Leaf. 5 C 59 Binocular, Telescope, Opera Glass. 14.5 CA 60 Bio-gas plants or spare parts thereof 5 C 61 Bio fertilizers, micronutrients, Plant growth promoters & regulators 0 A 62 Bio-mass briquette 5 C 63 "The date for exercising the option for residential real estate project to either stay at old GST rate (8% or 12% with ITC) or to avail new GST rate (1% or 5% without ITC) is being extended to 20.05.2019 from 10.05.2019. General VAT Rate: General VAT rates apply to goods which cannot be segregated and put under any of the above listed VAT categories. For goods like liquor, cigarettes etc. many governments charge high VAT rates of 12.5% or 14-15%. REVIEW OF VAT CST AS ON 01 APRIL 2010 State Existing VAT Rates VAT is Payable on PTS MRP Entry Tax if applicable Return Filing Rate Revision Andhra Pradesh 4 14 5 PTS NA Monthly Increase in VAT wef 15 01 2010 Assam 5 13 5 PTS NA Monthly Increase in VAT wef 31 10 09 Bihar 4 12 5 MRP Applica Latest VAT Rate amendments as on 01-April-2010 Below is a summary of the standard and reduced VAT (Values Added Tax) and GST (Goods & Sales Tax) rates across the world. Review detailed 2019 EU VAT rates for the 28 member states. 2020 VAT and GST rate changes
12 Jul 2018 Section 3 of the Madhya Pradesh Value Added Tax (Second Serial No.31 of VAT Schedule - II is relevant which reads as under:- "31. 21 Sep 2019 Madhya Pradesh hikes VAT on liquor, petrol and diesel by 5% dates 2019 Live Updates: EC to announce Assembly poll schedule shortly 9 Apr 2016 Chhattisgarh Changes in VAT Rate: Products exempted from Tax:- the said Schedule within the State of Madhya Pradesh from another such
UP VAT. Uptt. Rate. Commodity. E.C. List. Delhi. Bihar. Madhya Pradesh. Rajasthan maps charts & gloves. Exempt incl,maps,chart and globe. 8 Coarse
Madhya Pradesh was among the pioneer states to adopt the VAT and the rules and regulations regarding value added tax was laid out in the Madhya Pradesh Value Added Tax Act of 2002. Since its inception there have been various amendments made to the act particularly in 2003, 2004, 2006, 2007 and 2008 with the last one being done in 2010. Read more about New VAT rates declared in MP on Business Standard. Under intense pressure from small traders and in the absence of a proper account data management system, the Madhya Pradesh government has amended the value-added tax (VAT) rates on some items. Value Added Tax Rates (VAT) By Country. Posted on December 15, 2016. This page is for reference purposes only. While updated periodically, it should not be construed as an authoritative list of all applicable VAT rates. Visitors are encouraged to contact representatives of the country or territory in question for official rates.
REVIEW OF VAT / CST AS ON 01-APRIL-2010 : State: Existing VAT Rates: VAT is Payable on PTS / MRP: Entry Tax, if applicable: Return Filing: Rate Revision: Andhra Pradesh: 4% / 14.5%: PTS: NA: Monthly: Increase in VAT wef 15-01-2010: Assam: 5% / 13.5%: PTS: NA: Monthly: Increase in VAT wef 31-10-09: Bihar: 4% / 12.5%: MRP: Applicable (15th of every month) Quarterly : Chandigarh: 4% / 12.5%: PTS: NA