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旁遮普通知将对纱线征税新的增值税率

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Punjab notifies new VAT rates on yarn

The Punjab Government has issued a notification regarding the change of VAT rate on yarn.
Punjab Finance Minister Parminder Singh Dhindsa announced reduction in VAT rates on all kinds of yarn, except polyester filament, from 6.5 per cent to 3.63 per cent.
The delayed notification had triggered confusion among businessmen who were unable to decide whether to charge the new rate of VAT or the old one from April 1.
Punjab Additional Chief Secretary (Taxation) DP Reddy, who issued the notification on Thursday (March 31) evening, said new rates would be applicable from Friday (April 1).
The Punjab Spinners Association (PSA) has expressed relief at the notification. It said that the reduction in the rate of VAT would help ailing spinning mills to recover.
The Punjab government had announced slashing VAT in the state budget earlier in March, but delayed its notification. (SH)

译文如下:

旁遮普通知将对纱线征税新的增值税率

旁遮普省政府发布了一份通知,关于纱线增值税税率的变化。

旁遮普财政部长Parminder Singh Dhindsa宣布降低各种纱线的增值税税率, 6.5%降至3.63%,除了涤纶长丝。

这迟到的通知已经在贸易商中引发了混乱,因为他们无法决定从41日起他们是收取新的增值税还是旧的。

旁遮普省外加首席秘书(税收)DP Reddy,于周四(3月31)晚上发出通知,表示新利率将适用于周五(4月1)

旁遮普纺织者协会(PSA)表达了通知的救援作用。它说,增值税率的降低将有助于境况不佳的纺织厂的恢复。

旁遮普省政府在3月初的国家预算中宣布削减增值税,但是推迟了通知

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