« VAT (Value Added Tax) » Open DEMAT Account in 24 hrs  Gujarat slashes tax on ATF by 5 per cent  CENVAT Credit can’t be denied If ISD invoices issued for distribution of ITC prior to Registration  1 step forward, 2 steps back. Is GST going the VAT way?  1 step forward, 2 steps back. Is GST going the VAT way?  Pending VAT comes to haunt companies claiming input tax credit  One-time settlement of VAT, excise disputes in the works  Haryana government uploads photos of VAT defaulters  Filing of online return for 4th quarter of 2017-18 extension of period thereof.  No Cenvat credit admissible on outward transportation services from factory to buyer’s premises   Filing of reconciliation return in form 9 for the year 2016-17  Govt may send notice to 162 companies; ask for VAT returns «  Karnataka cuts VAT on cotton to 2%... Classify jet fuel as declared goods: Assocham... » Narayanasamy demands revoking of VAT hike in Pondy January, 11th 2012 Union Minister of State in the PMO, V Narayanasamy, today demanded that the Puducherry government revoke the hike in Value Added Tax as the Union Territory was still recovering from the impact of cyclone Thane. "This is a step in the wrong direction and is adding insult to injury and hence the rise in tax should be revoked to avoid dislocation in reactivating business activities in cyclone ravaged Puducherry," he said. Narayanasamy also charged that the Union Territory administration had been slow in implementing relief and rehabilitation works in cyclone-hit areas. Restoration of power and water supply was yet to be completed in several places, he said. Narayanasamy, who said that the Centre would announce today evening an interim relief to the Union Territory to tackle the situation arising out of cyclone Thane, added however that the Centre should form a monitoring committee to ensure there was no misappropriation of money. "This had happened during the distribution of money sanctioned by the Centre under Tsunami Rehabilitation programme and that lapse should not recur now" he alleged. PTI COR ARP