Question: In the meeting of the Uttar Pradesh cabinet concluded recently what was the rate of percentage of natural gas decided in the state?
(a) 15 percent
(b) 10 percent
(c) 8 percent
(d) 5 percent
Answer: (d)
Related Facts:
- On January 9th, 2018; in the cabinet meeting of UP under Uttar Pradesh Augmented Tax Act, 2008; it was decided to fix the rate the natural gas reasonably to 5 percent.
- This will facilitate the purchase of natural gas used in the manufacture of taxable goods by the manufacturing units registered under Uttar Pradesh Value Added Tax Act, 2008 as well as the manufacturing units registered under Uttar Pradesh Goods and Services Tax Act, 2017.
Reference:
http://information.up.nic.in/View_Hindinews.aspx?id=900