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Natural gas meeda taxes pencharu anta ga


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Resource-hit Andhra Pradesh hikes VAT on natural gas to raise funds for health, welfare

 

Hyderabad: Andhra Pradesh government on Saturday hiked the value added tax (VAT) on natural gas by 10 percent on grounds of loss of revenue to the Exchequer on account of the crisis brought by the Covid-19 pandemic. The existing 14.5 percent tax has been revised to 24.5 percent. Natural gas is used in Gas-based power projects and industries. 

Commercial taxes special chief secretary Rajat Bhargav issued orders to the effect. 

Certain items including five petroleum products of crude oil, natural gas, high speed diesel, petrol, aviation turbine fuel (ATF) and liquor are under the VAT purview, after the other items were subsumed in GST. The state government last month increased the tax on petrol (to 31 percent plus tax) and diesel (to 22.25 percent plus tax). 

"The Covid-19 lockdown implemented since 23rd March, 2020 in the State following the directions of Ministry of Home Affairs, Government of India, had resulted in cessation of all the economic activities in the State seriously affecting the revenues of the state during the months of April, May, June, July and August, 2020. In April, 2020, the revenue realised was only Rs.1323 Cr as against Rs.4,480 Cr realised in April, 2019 which accounts for only 29.5% of the total expected revenue. Similar trends were observed for the months of May, June, July and August, 2020 also," Bhargav said. 

The expenditure, on the other, has increased steeply on health services and welfare schemes, he claimed. Rythu Bharosa, Vahana Mithra, Jagananna Vidya Deevena, Jaganna Chedodu, Tele medicine, zero interest loan schemes to women, Amma Vodi, Nadu Nedu are among the welfare schemes implemented in the state. 

"Considering the fact that the revenues of the State are plummeting on one hand and the requirement for finances to implement the pro-poor schemes is escalating on the other hand, it has become imperative to augment the revenues of the State," the official maintained justifying the decision to lay additional tax burden on natural gas.

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2 minutes ago, Hydrockers said:

Still my question same 

Vanta gas rates central kinda ne kada undedi

Certain items including five petroleum products of crude oil, natural gas, high speed diesel, petrol, aviation turbine fuel (ATF) and liquor are under the VAT purview, after the other items were subsumed in GST. The state government last month increased the tax on petrol (to 31 percent plus tax) and diesel (to 22.25 percent plus tax). 

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3 minutes ago, Anta Assamey said:

Certain items including five petroleum products of crude oil, natural gas, high speed diesel, petrol, aviation turbine fuel (ATF) and liquor are under the VAT purview, after the other items were subsumed in GST. The state government last month increased the tax on petrol (to 31 percent plus tax) and diesel (to 22.25 percent plus tax). 

So LPG ledu ga list lo ?

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47 minutes ago, Hydrockers said:

Title name changed CITI_c$y

Dani valla regular janala ki vachina bokka enti

Intlo vanta gas perigindhi ani konni channels dhobbuthunnaru. 24/7 Sakshit and TV9,lantive kaadhu. Vere channels kooda choosthundu.

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3 hours ago, Hydrockers said:

Em kaka Lokesh ki ante burra ledu miku em ayyindi 

LPG prices in central hands and ippudu VAT ekkada undi asalu GST kada undi ?

nuuvu jaggadi laga vat ledu petrol and diesel and lpg i ani leka 

vijaya sai laga telinattu act chestunava 

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1 hour ago, Hydrockers said:

No

Increase chesindi industries ki use chese Gas meda

There were many articles but the information is vague. At this point, I dont think it is LPG (Cooking Gas). 

 

Bottom line, Industries in AP won't be able to compete with other states if they have to pay an additional 300 crores per year.

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1 hour ago, ParmQ said:

Vyyavaram konchem theda vasthe ventane nee dhosthulani tag chesthav ga piggybacking kosam.

Le kaka rammani cheppi tag chese laga vachesaru chuste thread title marchadu

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1 hour ago, Hydrockers said:

So LPG ledu ga list lo ?

List undala man? LPG is hydrocarbon gas in liquified form.

LPG is not made or manufactured, it is found naturally in combination with other hydrocarbons. LPG is produced during natural gas processing and petroleum refining

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I think it's on natural gas for commercial use... Household ki effect emi undadu.

 

Still pedha bokka companies ki. Corona valla pedha bokka padindi already chaala companies ki. 

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