Tag: steel manufacturers

India: Chhattisgarh Finish Steel Manufacturers in Dilemma over New Tax Regime

Mar 28, 2014

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Admin Operation

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Chhattisgarh’s steel manufacturers will be charged by different Value Added Tax (VAT) in sales as per capital expenditure in plant. For capital investment of more than INR 10 crore will be charged by 5%, whereas capital expenditure of less than INR 10 crore will be charged by 3%. As per the CG Budget announcement w.e.f.…