• twitter-icon
Unlimited Tax Return Filing


VAT Rate increases in Rajasthan from 5 to 5.5 Percent

Increased Rate of Rajasthan VAT

The Government of Rajasthan Finance Department has given a notification to public regarding to increase Goods Taxable rate. According to Mr. Dr. Devraj, Joint Secretary to Government, in exercise of the powers conferred by the sub-section (5) of the section 4 of the Rajasthan Value Added Tax Act, 2003 (Act No. 4 of 2003), the government has given a suggestion in the public interest.

Here we include the following amendment in schedule 4 appended to the act, with effect from the date of February 2, 2016:

  • 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.
  • 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.

 

rajasthan-vat-software-banner

 

Disclaimer:- "All the information given is from credible and authentic resources and has been published after moderation. Any change in detail or information other than fact must be considered a human error. The blog we write is to provide updated information. You can raise any query on matters related to blog content. Also, note that we don’t provide any type of consultancy so we are sorry for being unable to reply to consultancy queries. Also, we do mention that our replies are solely on a practical basis and we advise you to cross verify with professional authorities for a fact check."

Published by Krishna Sharma (Ex-employee)
Krishna Sharma has done his engineering from Jaipur. His mostly time spend in gaining the knowledge about new things. He wants to demonstrate his powerful word's empire in front of the world. Apart from this, he is a simple person and has a helping nature. View more posts
SAGINFOTECH PRODUCTS

Join the Conversation

4 thoughts on "VAT Rate increases in Rajasthan from 5 to 5.5 Percent"

  1. why sag is charging both service tax and vat on XBRL software? There is an jugement of tata consultancy services against this given by supreme court.

    1. As we are manufacturing concern, Central Excise Act is applicable on us. But as per judgement of high court, if the assesse is having clients more than 90% which are providing services whom service tax is applicable than the assesse can charges Service Tax instead of Excise duty. That is why we are charging Service Tax and VAT on software.

  2. I want to know wheather Rajasthan government has decreased tax rate on yarn sale (textile unit) from 5% to 2% effective from April 2016. Pls provide me the information.Thank you.

    Rajesh Sharma

Your email address will not be published. Required fields are marked *

Follow Us on Google News

Google News

Latest Posts

New Offer for Professionals

Super Tax Offer

Upto 20% Off
Tax, ROC/MCA, XBRL, Payroll, Online GST

Limited Offer, Hurry

Big Offer for Tax Experts

Upto 20% Discount on Tax Software

    Select Product*

    Genius Software