Education

Maharashtra cuts tax on beedis

| Updated on: Apr 13, 2012

The Maharashtra Government today announced reduction of VAT on beedis by 7.5 per cent. “A 12.5 per cent tax on beedi was proposed in the Budget tabled last month.

Accordingly, a notification had been issued with effect from April 1. However, we have received representations from various quarters to reduce the tax,” the Finance Minister, Mr Ajit Pawar, informed the State Assembly.

As a result, a decision has been taken to reduce the tax and it would now be 5 per cent, he said.

Published on April 13, 2012

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