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of <h1>Delhi Cuts VAT: Diesel Down to 12.5%, Dry Fruits to 5% Effective July 20, 2010, per Delhi VAT Act 2004.</h1> The Government of the National Capital Territory of Delhi has announced a reduction in the Value Added Tax (VAT) rates, effective from July 20, 2010. The VAT on diesel will decrease from 20% to 12.5%, and the VAT on dry fruits will decrease from 12.5% to 5%. These changes are made under the authority of the Lt. Governor, utilizing powers granted by the Delhi Value Added Tax Act, 2004. The amendments involve changes to the Third and Fourth Schedules of the Act, specifically affecting the entries related to these commodities.
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