Effective 4 May, 2010, the basic rates of VAT in Goa has been enhanced, as mentioned below:
Particulars | Rate up to 3 May, 2010 | Rate with effect from 4 May, 2010 |
Goods falling under Schedule B and liable to tax at 4% | 4% | 5% |
A new entry in Schedule C has been inserted to cover the declared goods, as specified under the Central Sales Tax Act, 1956 which will continue to attract tax at 4%.
Source
1. Notification No. 4/5/2005-Fin(R&C)(78) dated 4 May, 2010 read with Notification No. 4/5/2005-Fin (R&C) (77) dated 4 May, 2010
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