AP cabinet decided to abolish VAT, CST on sugar factories
The other decisions approved by the Cabinet include hiking of wages of Anganwadi workers and extend the lease of land given to the industrial purpose to 99 years.
Andhra Pradesh Cabinet chaired by Chief Minister N Chandrababu Naidu on 16 December 2015 decided to abolish VAT (Value-added tax), CST (Central Sales Tax) on Sugar factories.
State’s Finance Minister Y Ramakrishnudu, said that a bill regard to do away the VST and CST taxes would be tabled in the Assembly.
VAT is governed by respective state Acts and every state has a separate and distinct VAT act reserved for their state.
CST is governed by Central Sales Tax Act, 1956 and is governed by a single central act, though the chargeability is state specific.
Some other decisions taken during the cabinet meet that was held in Vijayawada were
• The Cabinet approved hiking of wages of Anganwadi workers
• The cabinet permitted 15 top foreign universities and 20 top universities in the country to establish their campuses in the state
• It decided to extend the lease of land given to the industrial purpose to 99 years
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