Commercial Taxes Home
Contact Commercial Taxes Dept
Sitemap of Commercial Taxes
DHTML Menu / JavaScript Menu Powered by Milonic


Attention Works Contractors- Change In Rate Of Tax

GOVERNMENT OF GOA

Department of Finance

Revenue & Control Division

__

Notification

4/5/2005-Fin(R&C) (91)

In exercise of the powers conferred by sub-sections (4) of Section 5 of the Goa Value Added Tax Act, 2005 (Goa Act 9 of 2005) (hereinafter referred to as the "said Act") and all other powers enabling it in this behalf, the Government of Goa hereby amends Schedule ‘C', ‘E' and ‘G' appended to the said Act, as follows, namely:-

(I) In Schedule ‘C' appended to the said Act, for the existing entry at serial number (14), the following entry shall be substituted, namely:-

"(14) Goods utilized by a works contractor in execution of Works Contract                                5%."

(II) In Schedule ‘E' appended to the said Act, for the existing entry at serial number (5), the following entry shall be substituted, namely:-

"5. Works Contractor other than importer Rs 5 crores                                                            2.5%."

(III) In Schedule ‘G' appended to the said Act, after entry at serial number (7), the following entry shall be inserted, namely:-

"(8) Goods utilized by a works contractor in execution of Works Contract.".

 

This Notification shall come into force from the date of its publication in the Official Gazette.

By order and in the name of Governor of Goa.

Ajit S. Pawaskar, Under Secretary, Fin. (R&C).

Porvorim, 23rd December, 2011



[TOP]
News Releases

The Number of visitors till date : 6930358 | Last Updated: 10th April, 2017
Commissioner of Commercial Taxes, Vikrikar Bhavan, MG Road, Panjim, Goa, India. Ph.:0832-2229225
Legal Disclaimer | Designed by Team Inertia Technologies | Hosted by : National Informatics Centre