Andhra Pradesh Standard Rate (RNR) of VAT increased to 24.5 %

The Government of Andhra Pradesh has amended the Andhra Pradesh Value Added Tax Act, 2005, Schedule 5 for revision of standard rate of tax. The Schedule V is amended to provide that all goods other than those specified in Schedules I, III, IV and VI are Taxable at Standard Rate (RNR) of 24.5 %.

 

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