30. COMMODITY WISE RATE OF TAX UNDER VAT ACT (updated till 02.05.2015) Sl. No Name of commodity / commodities Current Tax Rate (%) Schedule No 1 Account Books 5 C 2 Adhesives 5 C 3 Adhesive tapes made of plastic 5 C 4 Other Adhesive tapes 14.5 CA 5 Adhesive plaster 14.5 CA
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Rate. Standard rate: 23%. Remarks. Certain plant and machinery hired with an operator may avail of the reduced rate. For further information see the link below. Value-Added Tax Consolidation Act 2010 (VATCA 2010) Ref. Section: 46(1)(a) Link to further information
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Jul 08, 2016· Rate of Tax applicable- The Applicable rate of tax would be 3.5% on the aggregate amount. Tax Deducted at Source ( TDS) Under section 54 read with Rule 58 of the Odisha Vat Act and Odisha Vat Rules, tax need to be deducted by certain specified persons while paying to a dealer with respect to the works contract being executed by such dealer.
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On 17 May 2020, the Odisha government increased the Value Added Tax (VAT) on petrol and diesel from 26% and 26% to 32% and 28%, respectively. The new rates will be effective from 17 May 2020. The price of petrol in Odisha has been increased from Rs.68.58 to Rs.71.69 for a litre and the price of diesel has been increased from Rs.66.70 to Rs.67 ...
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A motion to reduce the Value Added Tax (VAT) on pulses from its current rate of five per cent to one per cent for the next three months was approved by the Odisha cabinet on Tuesday. The move was approved on an experimental basis, and was reduced on pulses and dals of …
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