Gujarat govt exempts small salt producers from VAT

Posted on:21 Apr 2016 14:28:55
Gujarat govt exempts small salt producers from VAT
21 April 2016 Current Affairs: Gujarat government has announced exemption to small salt producers from industrial salt VAT.The state government has given exemption from tax to those manufacturers who produce salt on plots taken on lease from the state government.In addition to this, salt producers having plots smaller than 10 acre for salt production or cooperative groups of salt producers are also exempted from tax.Salt producers who sell their entire produce to edible salt manufactures are also exempted from VAT.Such small salt producers are exempted from registration, filling of forms and taxpaying process under VAT.

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