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2016

Gujarat VAT Budget - 2016-17

  1. Bamboo materials (except furniture) is now made tax free from 5% VAT.
  2. Cycle rickshaw & paddle rickshaw is now made tax free from 5% VAT.
  3. Mosquito net is now made tax free from 5% VAT.
  4. Sanitary napkin & adult diapers is now made tax free from 5% VAT.

2016
  • Commercial Tax Department earlier had made it mandatory to pay Tax through ONLINE method for dealers whose Total Yearly Tax payment exceeds Rs. 10 lakh.
  • Commissioner of Commercial Tax vide public circular no. Gujka/vat-86/15-16/Ja.178/153 Dt. 06/01/2016 has revised Tax Payment limit. Revise Tax Payment limit would be Rs.50000/- and this circular will be effective for December’15 (and onward) monthly/Quarterly Tax Payment.
  • The Monthly/Quarterly Tax Limit of Rs.50000/- will include payable Tax + Interest + Penalty.
  • Earlier Commercial Tax Commissioner has passed Circular wherein it is informed that if dealers has paid Tax manually than respective jurisdiction officer will not issue acknowledgment of receipt of Manual Tax Paid Challan.

2015

NOTIFICATIONS AND CIRCULARS

  1. The revised limit for getting road permit forms has been reduced from 50 crores to 25 crores. Vide notification No GVL/VAT/Sec.68 & 69(4)

Gujarat Vat Budget Highlights

  1. Imitation Jewellery will now be charged at 1% and not 5%
  2. Oral Contraceptive Pills will now be tax free. Earlier it was charged at 5%
  3. The rate of tax of Aviation Turbine Fuel from current rate of tax of 30% ( for Duty Paid ATF) and 38% (Bonded ATF) has been reduced to 5% when sold from the cities other than Ahmedabad and Baroda for scheduled Commercial Airline Service Flights

2015

Important Amendments

  • The Gujarat State Government has recently issued a Notification No GL/Vat/68 & 69/(1)/Dt. 03/12/2014
  • Govt. of Gujarat by their public circular has provided following requirements for goods going outside Gujarat State or coming in the state and passing through state to another state. Up till now Form No. 402-403 were required to obtain online for specific goods & so obtained forms were required to be produced before check post officer or person in charge or barrier. Form No. 405 (transit Pass) was required to be produced before the goods crossing last check post, but w.e.f. 15.12.2014, all taxable goods are considered as specific goods & all necessary forms were required to be received by electronic system or unique code of particular firm under this system.

This procedure relates to:-

  1. All taxable goods
  2. The procedure is applicable to goods entering in the state or going out of the state or entering in the state for movement to other state. (Form No. 402,403 & 405)
  3. The above procedure can be obtained for goods moving within state (Intra State movement)

2013

THE GUJARAT VALUE ADDED TAX (AMENDMENT) ACT, 2013

GUJARAT ACT NO. 9 OF 2013

(First published, after having received the assent of the Governor
in the Gujarat Government Gazette Extra.No. 9, on the 30th March, 2013)

AN ACT

further to amend the Gujarat Value Added Tax Act, 2003.

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