Haryana raises VAT to 5% on 101 goods

The Haryana government has increased the rate of Value Added Tax (VAT) on 101 goods from four per cent to five per cent with immediate effect.

An official spokesman said the VAT on all goods from serial number 1 to 101 of Schedule C of the Haryana Value Added Tax Act, 2003, has now been increased from four to five per cent.

However, the tax on entry in serial No 102 of Schedule C of the Act and on the declared goods covered in Section 14 of the CST Act would continue to be levied at four per cent.

A notification to this effect has been issued by the Excise and Taxation Department of Haryana, he added.