Fourth Schedule has been amended and organic solvent (entry number 1 (vii) and coal tar [entry number 1 (viii) have been omitted]. These items were taxable @ 20% for the period 1.4.2005 to 10.5.2005. Coal tar has been included in Third Schedule at entry no. 100 and hence taxable @ 4% w.e.f. 11.5.200 - F.101(328)/2005-Fin.(A/Cs)(iii)/559 - Delhi Value Added Tax
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Tax schedule amendment reclassifies coal tar to a lower VAT rate and omits organic solvent, effective immediately. The Fourth Schedule to the Delhi VAT Act omits sub entries for organic solvent and coal tar at Sl. No.1 (sub entries (vii) and (viii)), effective immediately. Coal tar is inserted into the Third Schedule at entry no. 100 and is taxable under the Third Schedule rate from the notification's effective date. The amendment is made under statutory authority conferred by the Act.
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Tax schedule amendment reclassifies coal tar to a lower VAT rate and omits organic solvent, effective immediately.
The Fourth Schedule to the Delhi VAT Act omits sub entries for organic solvent and coal tar at Sl. No.1 (sub entries (vii) and (viii)), effective immediately. Coal tar is inserted into the Third Schedule at entry no. 100 and is taxable under the Third Schedule rate from the notification's effective date. The amendment is made under statutory authority conferred by the Act.
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