Clarification for notification no. 898 under UP VAT ACT.

 

Kindly take reference of notification no. 898 dated 07-09-2012 that is effective from 08-09-2012. In the said notification it is made clear that on all items on which VAT is @ 12.5% and additional tax is 1%,  now w.e.f  08-09-2012 additional tax would be 1.5% instead of 1%.

 

On Following items additional tax will remain the same (Refer to old notification no. 419 dated 31.03.2011)

 

1) Cement

2) Motor Vehicle of all kinds including chassis there of but excluding tractors.

3) Tyre and tubes excluding tyres and tubes of cycles, cycle-rikshaw, ADV.

 

Now as per notification no.898 dated 07-09-2012 tractor tyre and tubes as described in schedule II Part A is also included in the exclusion category this means that on tractor tyre and tubes additional tax will be charged @ 1% only.

 

New Notification attached for your ready reference.

By

 

CA Piyush Agrawal

Kanpur 

Noti_no_898_english.pdf