Addtional vat

This query is : Resolved 

26 November 2015 WHY ADDITION 1% & 2.5% VAT IS CHARGED

26 November 2015 u r from gujarat ?


Its charged as its law.

26 November 2015 I know its in law

but i want to know is there any specific reason for the additional vat.


26 November 2015 Actually Additional VAT Introduced for making more revenue... Its not like this will go for this purpose or so as in case of Education Cess or Secondary Higher Edu Cess or Swach Bharat Abhiyan Cess.

Its for just revenue purpose.

27 November 2015 This additional VAT is levied in lieu of octroi. Since octroi was not creditable against VAT, the Government, on representation by various dealers, introduced additional VAT in place of Octroi.

27 November 2015 Thanks for clarifying


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now





Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
25 June 2026
Accounts & Taxation Executive

Dindukurthy & Associates

Hyderabad

MBA

View Details
Company
16 July 2026
CA Inter, CA Intermediate, CA IPCC, CA CPT , CA SemiQualifie

Vakilsearch.com

Chennai

CA Inter

View Details
Company
ARTICLESHIP 16 July 2026
Article Assistant

Sahil Agarwal & Company

Mumbai

CA Inter

View Details
Company
24 June 2026
Chartered Accountant

CA Darshita Shah & Co

Nadiad

CA

View Details
Company
11 July 2026
CA semi qualified

Vakilsearch.com

Chennai

CA Inter

View Details
Company
ARTICLESHIP 24 June 2026
ARTICLE ASSISTANT

BHUPINDER SHAH AND COMPANY

New Delhi

CA Inter

View Details
Company
06 July 2026
Senior Accountant

Arvindkumar Maniar & Co.

Rajkot

CA

View Details
Company
Featured 18 July 2026
CA Articleship

apricus india

Mumbai

CA Inter

View Details