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Delhi Budget 2010 - A summary of Changes in DVAT rates as proposed in Delhi Budget 2010

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..... Delhi Budget 2010 - A summary of Changes in DVAT rates as proposed in Delhi Budget 2010
By: - Surender Gupta
Value Added Tax - VAT and CST
Dated:- 27-3-2010

Final rate of revised DVAT rates with effect from 1-4-2010: visit DELHI VAT - CHANGE IN VAT RATES WITH EFFECT FROM 1-4-2010 Budget Proposal S. No. ITEM New Tax Rates effective from date to be notified Existing tax Rates .....

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..... (%) (%) A - DVAT rates reduced from 12.5% to exempted (i..e. 0%) 1 Oral Iron Chelator Defarasirox 0 12.5 B - New tax on certain items - exempted (i.e. 0%) to 5% 1 Compressed natural gas (CNG) for use in transport sector 5 0 2 Rassi, Ban & Newar 5 0 3 Bio inputs like Fertilizers and Micro-nutrients and plant growth promoters 5 0 4 Kerosene stoves, lanterns and petroma .....

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..... x and their spares 5 0 5 Embroidery and zari items 5 0 C - New tax on certain items from exempted (i.e. 0%) to 12.5% 1 Motion Picture distribution when treated as right to use goods 12.5 0 2 Plastic scrap/glass scrap 12.5 0 D - Tax rate increased From 5% to 12.5% 1 All other scraps 12.5 5 2 Dry fruits and kesar and magaj of all kind 12.5 5 3 Desi Ghee 12.5 5 4 .....

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..... Household plastic items 12.5 5 5 Plastic and tin containers including barrels 12.5 5 6 Wood and timber and plywood and laminated boards 12.5 5 7 Fitting for doors and windows and furniture 12.5 5 8 Wire mesh and metal mesh 12.5 5 9 Paint brushes 12.5 5 10 Tractor tyres and tubes 12.5 5 11 Cocoa and coffee including coffee beans 12.5 5 12 Invertors 12.5 5 .....

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..... 13 All Utensils and cutlery items (including Pressure cookers/ Pans) except those made of precious metals 12.5 5 14 Fertilizers, pesticides, weedicides, insecticides, herbicides, rodentecides and plant growth regulators (other than those covered in First Schedule) 12.5 5 15 Glucose D 12.5 5 16 Locks 12.5 5 17 Weights and Measures 12.5 5 18 Fibre Board and particle board .....

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..... 12.5 5 19 Tea 12.5 5 20 Writing instruments costing above Rs. 1,000/- 12.5 5 21 Mobile Phones and all mobile accessories above Rs. 10,000/- 12.5 5 22 Readymade garments above Rs. 5,000/- 12.5 5 E - Tax rates increased from 12.5% to 20% 1 Diesel 20 12.5 2 Aerated Drinks 20 12.5 3 Watches above Rs. 5,000/- 20 12.5 Final rate of revised DVAT rates with effect .....

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..... from 1-4-2010: visit DELHI VAT - CHANGE IN VAT RATES WITH EFFECT FROM 1-4-2010 Reply By PAPPU SAH as = PLS. COMMENTS ARE RATE OF DVAT TAX OF CABLE WIRE Dated: 23-4-2010
Scholarly articles for knowledge sharing by authors, experts, professionals .....

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