Haryana amends tax rules for Brick Kiln Owners

Saturday, March 17, 2007, 13:58 [IST]

Chandigarh, Feb 20 (UNI) The Haryana Cabinet today decided not to revise the lump sum (tax) rates for Brick Kiln Owners (BKOs) till September 30, 2008 in view of the hardship being faced by them.

It was decided to amend the Haryana Value Added Tax Rules, 2003 in this regard.

Now, the lump sum tax rates on brick kiln which were revised for the period from October 1, 2005 to September 30, 2006, would be effective retrospectively from October 1, 2006 to September 30, 2008.

The Haryana Pradesh Brick Kiln Owners Association had already given an undertaking that they would accept an increase of 20 per cent in the rate of tax thereafter.

UNI

Topics: ECONOMY-HARYANA-VAT

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