Another Blow: Automobiles Get Costlier in Maharashtra

Motorbash VAT Increase Maharashta

With every passing budget in India, general crowd have been on the receiving end the most. As if the raise in excise duty was not enough in the central budget, Maharashtra’s state government has given another blow in the state budget by increasing the excise duty on automobiles. Value Added Tax on Petrol cars has … Read more

Automobile Companies Unhappy Over VAT in Maharashtra

Mahindra and Mahindra has warned to pull out its investment  scheduled to be around Rs 4000 crore from Maharashtra – the reason being VAT refund. Maharashtra government has changed the rule for VAT refund which states that the VAT refund would be applicable only to vehicles sold within the state. While earlier it used to … Read more