Himachal Pradesh: Bill raising VAT turnover cap for hotels, restaurants okayed
The state legislative assembly on Wednesday passed the Himachal Pradesh Value Added Tax (Amendment) Bill, 2015 that exempts hotels, restaurants, tea stalls and bakeries posting an annual turnover below Rs. 8 lakh from VAT.punjab Updated: Apr 01, 2015 20:17 IST
The state legislative assembly on Wednesday passed the Himachal Pradesh Value Added Tax (Amendment) Bill, 2015 that exempts hotels, restaurants, tea stalls and bakeries posting an annual turnover below Rs. 8 lakh from VAT.
Under the HP Value Added Tax Act, 2005 small establishments including hotels, restaurants, bakeries and other similar establishments in which food and beverages were served and which had a gross annual turnover below Rs. 5 lakh were exempt from VAT. The amendment had been introduced raise the turnover cap to Rs. 8 lakh.
"(The bill) is aimed at easing the congestion at multipurpose barriers and further to provide hassle free services to the dealers carrying business in the course of interstate trade and commerce, it was considered necessary to make provision for vehicle owners or persons in charge of goods carriages entering the state, and who had furnished full declaration of goods carried in vehicles in Form VAT XXVI-A electronically on the official department website to not to stop such vehicles at the checkposts," the bill read.
Bill on judicial pay panel report passed
The legislative assembly also passed the bill introduced to implement the recommendations of the first national judicial pay commission - the Shetty pay commission.
The Himachal Pradesh subordinate courts' employees (pay, allowances and other conditions of service) amendment bill, 2015 was tabled on March 30 and passed today. It will have financial implications of Rs 1 crore annually barring the arrears from April 2003 to March 2014. The total financial implications including arrears will be around Rs 9.43 crore.
The Nongazetted Judicial Employees Welfare Association had filed a petition in the Himachal Pradesh High Court seeking implementation of the Shetty pay commission's recommendations.
In order to comply with the high court directions the government brought the amendment in Section 3 of the Act and to substitute the schedule appended to the Act. Further, a proviso was also inserted below allowing one additional increment to the categories of employees for whom the Shetty commission did not recommend higher pay scales.
First Published: Apr 01, 2015 19:59 IST