ACs, mobiles costlier in UP as VAT hiked
- Spot-fixing: Chandila was in touch with four sets of bookies, says Delhi Police
- Chinese Premier Li Keqiang arrives, to hold talks with PM on boundary, water issues
- IPL 2013: Delhi Daredevils crash to defeat, finish last
- Jaganmohan's wife attacks CBI, accuses it of working at Congress behest
- Blast accused death: UP govt seeks CBI probe, FIR against 42 persons
The Akhilesh Yadav-led Uttar Pradesh (UP) government has hiked the value added tax (VAT) by 0.5 per cent, a move which will make ACs, refrigerators and other such goods costlier.
The decision was taken at the Cabinet meeting yesterday and would be applicable after issusance of the notification today, official sources said.
As per the decision, in addition to 12.5 per cent VAT, which is imposed on certain items, additional tax has been increased from existing 1 per cent to 1.5 per cent.
It will make ACs, refrigerators, motor cycles, cosmetics, shampoos, sanitary goods, tiles, electrical appliances, transformers, water purifires, cameras, mobile phones (costing more than Rs 10,000), cooked food supplements, industrial LPG, watches, cranes, cement, machinery and others goods costly.
Though the additional tax has been increased, the state government claimed that it was less as compared to the other states.
- Quake-hit and shaken, Bhaderwah spends nights in the open
- UP blast accused dies on way to jail, govt wanted to drop case against him
- Former civil aviation secy changes mind, seeks airport security exemption as EC
- BCCI suspects Gujarat players in other teams were also approached
- Police on money trail, Sreesanth in fresh trouble
- Chhattisgarh 'encounter' leaves 8 villagers dead, no Maoist link yet