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of <h1>Delhi VAT Act Amended: Ramakrishna Mission Exempt from VAT on Specific Sales, No Input Tax Credit Allowed.</h1> The Lieutenant Governor of the National Capital Territory of Delhi has amended the Fifth Schedule of the Delhi Value Added Tax Act, 2004, under Section 103 of the Act. Effective immediately, a new entry is added, exempting the Ramakrishna Mission at Ramakrishna Ashram Marg from VAT for the sale of cassettes, CDs, and laminated photos prepared by the mission. However, the mission is not entitled to claim input tax credit on its purchases. This amendment aims to serve the public interest. The notification was issued by the Additional Secretary of Finance.
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