The Delhi government took a decision to do away with the fee set at 70% of MRP of every alcohol brand, in a meeting on Saturday.
However, at the same time, plan is to increase the VAT to 25% from 20% levied on all categories of liquor sold in Delhi NCR.
Source: financerewind.com
Latest Posts in "India"
- Supreme Court: GST Exemption Applies to Hostels Rented as Residential Dwellings for Students
- How to Instantly Verify GST Numbers and Avoid Fraudulent Payments in India
- Delhi HC Seeks Customs’ Reply on IndiGo’s ₹900 Crore Duty Refund Plea for Re-imported Parts
- Refund cannot be rejected basis previous years ineligible ITC without any outstanding demand
- Government Boosts GST Compliance Using Technology, Data Analytics, and AI to Curb Tax Evasion
