which date new rate will affected

[Rajeev Khulbe]

good evening sir,

                          iin uttarakhand budget vat rate change in cfl 4.5% in place of 13.5%. sir please tell me that which date the new rate ( 4.5%) will affected. any new notification about this

 

[YAGAY andSUN]

Though, this change in tax rate has been mentioned in the budget speech but no notification has been issued as yet to give effect of such decrease in rate of tax pertaining to CFL.

AI Summary

Tax rate change announced for cfl items but not effective until formal notification is issued. Change in VAT rate for CFL goods was announced in the Uttarakhand budget, reducing the rate, but no formal notification has been issued; therefore the new rate is not operative until the competent authority issues a notification specifying its commencement and any transitional directions.