5 per cent has been imposed.5 per cent VAT.Besides imposing taxes on essential goods and eatables, the state government has also decided to impose 13. Officials said the Cabinet gave a nod to raise the value-added tax on at least 12 items. The decision was taken during the cabinet meeting, which was presided over by chief minister Nitish Kumar.5 per cent tax on the purchase of sand, hitting those in the construction business. The government’s decision to impose tax on sand will hit the market badly.The new VAT policy will be introduced soon after the notification is issued.” “Currently rates in Patna or any other town in the state is much higher than the rates in NCR,” he added.” He said packed, uncooked and instant eatable items have been brought under the tax purview. He said that several of these items were earlier excluded from taxes..
Principal secretary, Cabinet, Brajesh Mehrotra said, fabrics manufacturers in china “Salty packed items like samosa, kachori and namkin are among those items on which additional VAT of 13.The state government has decided to put samosa and kachori under the bracket of luxury items in Bihar. They said sweets, dry fruits, fabric, sarees, sand,cosmetics, electrical goods and auto parts are some of the important items on which masses will have to pay additional 13.Though the government has not clarified how much they expect to earn by hiking taxes on 12 items the decision, according to sources, was taken to minimise the pressure of losing more than `4000 crore in the wake of proposed liquor ban in the state from April 1. According to a real estate business owner in Patna, “This will affect builders badly and in the coming years the rates of construction will rise
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