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DVAT 2004 as amended by DVAT 2005 and DVAT Rules 2005 came into force w.e.f. 1 April.,2005. It repealed Delhi Sales Tax Act 1975, Delhi Sales Tax on Works Contract Act, 1999, Delhi Sales Tax on Transfer to Right to use Goods Act 2002 and Delhi Tax on Entry of Motors Vehicles into Local Areas Act 1994. [3]
Central Sales Tax, 1956, which imposes sales tax on goods sold in inter-state trade or commerce in Indisale of property situated within the state [18] In the 2016 Union budget of India, an excise of duty of 1% without input tax credit and 12.5% with input tax credit was imposed on articles of jewellery with the exception of silver jewellery. [19]
Intra-State e-Way Bill The five states piloting this project are Andhra Pradesh, Gujarat, Kerala, Telangana and Uttar Pradesh, which account for 61.8% of the inter-state e-way bills, started mandatory intrastate e-way bill from 15 April 2018 to further reduce tax evasion. [40] It was successfully introduced in Karnataka from 1 April 2018. [41]
The Government of Kerala (abbreviated as GoK), also known as the Kerala Government, is the administrative body responsible for governing the Indian state of Kerala ...
The economy of Kerala is the 11th ... The tax growth rate, which was 23.24% in 2010–11, fell to 10.68% in 2015–16. ... liquor sales have been rising and the total ...
The State of Kerala consist of 14 districts, 27 revenue divisions, and 78 taluks.A revenue division is positioned below the district and encompasses several taluks within its administrative purview.
The state government's tax revenues (excluding the shares from Union tax pool) amounted to ₹ 674 billion (US$7.8 billion) in 2020–21; up from ₹ 557 billion (US$6.4 billion) in 2019–20. Its non-tax revenues (excluding the shares from Union tax pool) of the Government of Kerala reached ₹ 146 billion (US$1.7 billion) in 2020–2021. [250]
The Income Tax Department (also referred to as IT Department; abbreviated as ITD) is a government agency undertaking direct tax collection of the government of the Republic of India. It functions under the Department of Revenue of the Ministry of Finance. [5] The Income Tax Department is headed by the apex body Central Board of Direct Taxes (CBDT