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of <h1>Uttar Pradesh Amends Tax Rates: 5% VAT on Diesel Oil and Natural Gas for Industrial Units Effective July 2017.</h1> The Uttar Pradesh State Government issued a notification amending the tax rates for diesel oil and natural gas under the Uttar Pradesh Value Added Tax Act, 2008, and the Uttar Pradesh Goods and Services Tax Act, 2017. Effective from July 1, 2017, diesel oil sold to registered industrial units for manufacturing taxable goods will incur a 5% tax rate. Similarly, natural gas, excluding Compressed Natural Gas (CNG), sold to registered industrial units for manufacturing purposes will also be taxed at 5%. These amendments apply to manufacturers or importers and require a certificate prescribed by the Commissioner.
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