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Taxation | Maharashtra to raiseVAT on mobile phones

Taxation | Maharashtra to raiseVAT on mobile phones
PTI
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First Published: Tue, Jun 30 2009. 10 58 PM IST
Updated: Tue, Jun 30 2009. 10 58 PM IST
New Delhi: The Maharashtra government has hiked the value added tax (VAT), a kind of sales tax, on mobile handsets to 12.5% from 4% now, with effect from Wednesday. According to analysts, the tax increase would push up the cost of a Rs3,000 mobile handset by Rs250. The Indian Cellular Association, will meet the government this week to oppose the state’s move.
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First Published: Tue, Jun 30 2009. 10 58 PM IST