Tuesday, August 11, 2015

Haryana amends VAT rules for brick-klin owners

CHANDIGARH, AUG 11
The Haryana Government has approved the proposal to amend Rule 47 and 51 of the Haryana Value Added Tax Rules, 2003 for revising the lump sum rate of tax in respect of brick-kiln owners and ply board manufacturers. The lump sum rates have been revised by 30 per cent for both Brick-Kiln owners and ply board manufacturers and with this increase the state will get approximate revenue of Rs 18 crore and Rs 5 crore per annum respectively.
A decision to this effect has been taken in the Cabinet meeting held under the chairmanship of Chief Minister, Mr. Manohar Lal here today.
The amendment in Rule 47 has been made to revise the lump sum rates of tax in respect of Brick Kiln Owners (BKOs) who have opted for lump sum payment of tax. The Brick Kiln of A+ category with capacity of more than 33 number of Ghoris would have to pay Rs 4,01,856 plus Rs 13,995 per additional ghori above 33 ghoris. The Brick Kiln of A category with capacity of 28 to 33 number of Ghoris would have to pay Rs 4,01,856 and B category with capacity of 22 to 27 number of Ghoris would have to pay Rs 3,13,950. Similarly, C category brick kiln with capacity of below 22 number of Ghoris would have to pay Rs 2,50,900 and D category brick kiln not fired during the year ending September 30th in which stock in and outside the kiln as on October 1 of last year, did not exceed five lakh bricks of all categories would have to pay Rs 62,700. If a kiln is designed to be fired at two places, the rate of lump sum payable by the owner of such kiln would be double of the aforesaid charges
The amendment in Rule 51 has been made to revise the lump sum rates of tax in respect of Ply board manufacturers who have opted for lump sum payment of tax. The Rate of lump sum amount per press per annum would be Rs 11,70,000 for Press Size 8’x4’x10 and Rs 8,19,000 for press size 8’x4’x7. Similarly, the rate of lump sum amount per press per annum would be Rs 8,78,000 for press size 6’x4’x10, Rs 6,15,000 for press size 6’x4’x7, Rs 4,17,000 for press size 4’x4’x10 and Rs 2,93,000 for press size 4’x4’x7. Provided that annual rate of lump-sum amount in respect of press of any other size not tabulated above would, if the press is designed to make ply-board of size exceeding 4’x4’ i.e 16 square feet per piece by computed at a rate of Rs 2611.61 per square feet else at a rate of Rs 3656.25 per square feet, rounded off to nearest thousand in each case. The lump sum amount for any additional press of the same or lower size would be computed at one-half of the full rate given above.
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