Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Delhi VAT Updates: Tax Reductions on Iron Chelator and LPG; Increases on Diesel, Drinks, and High-Value Goods.</h1> Delhi's Value Added Tax (VAT) rates underwent significant changes effective April 1, 2010. The tax on oral iron chelator defarasirox and liquefied petroleum gas for domestic use was reduced from 12.5% and 4% respectively to 0%. New taxes at 5% were introduced for bio inputs and kerosene stoves. The tax rate increased from 5% to 12.5% on various items including cutlery, certain fertilizers, mobile phones over Rs. 10,000, and readymade garments above Rs. 5,000. Diesel, aerated drinks, and watches over Rs. 5,000 saw their tax rates rise from 12.5% to 20%.