1. AAP dominated Delhi Assembly passes amendment to VAT Act

AAP dominated Delhi Assembly passes amendment to VAT Act

The Value Added Tax (Amendment) Bill was passed by the Aam Aadmi Party (AAP) dominated Delhi Assembly on Tuesday.

By: | Published: June 30, 2015 5:35 PM

The Value Added Tax (Amendment) Bill was passed by the Aam Aadmi Party (AAP) dominated Delhi Assembly on Tuesday.

The Bill was passed even as the Assembly witnessed high drama after Bharatiya Janata Party (BJP) MLA Vijender Gupta tore off the amendment papers and his party MLAs staged a walkout from the session.

The bill will make enabling provisions for levy of VAT in respect of goods enlisted in the Fourth Schedule at flexible rates instead of a flat slab of 20 percent.

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