Incentive Data

Exemption from Value Added Tax (VAT) on small cars.

The

TWELFTH SCHEDULE

[See sub-section (2) of section 7A]

 

 

Procedure and conditions:–

            (2) The value addition tax under this Schedule shall not be charged on,—

 

(xiv) motor cars of cylinder capacity upto 850cc]  

 

Source:

Sub section (xiv), Section 2, The Twelfth Schedule, of the Sales Tax Act 1990