Home India Government of The National Capital Territory of Delhi In pursuance to section 3 of the Commission of Inquiry Act 1...
Date: 2016-01-19 Category: Extra Ordinary State: Union Government Country: India

In pursuance to section 3 of the Commission of Inquiry Act 1952 (60 of 1952)

Issued by Government of The National Capital Territory of Delhi · Women and Child Development

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Executive Summary & Key Takeaways

This notification, issued by the Government of the National Capital Territory of Delhi on January 18, 2016, concerns amendments to the Fourth Schedule of the Delhi Value Added Tax Act, 2004 (Delhi Act 3 of 2005). Specifically, it revises the tax rates on petrol and diesel. The amendment substitutes the existing entries for serial numbers 12 and 13 in the Fourth Schedule with the following: Petrol Motor Spirit at 27 paise in the rupee. Diesel High Speed Diesel, Super Light Diesel Oil, Light Diesel Oil at 18 paise in the rupee. This notification, No. F. 326/Fin/Rev/2015-2016/dsvi/22, takes effect from the day immediately following its issuance. Authority for this notification is derived from Section 103 of the Delhi Value Added Tax Act, 2004, and is issued by order and in the name of the Lt. Governor of the National Capital Territory of Delhi, signed by A. K. Singh, Dy. Secy.LVI Finance. The notification is registered as No. D.L.-3300299.

Key Entities Referenced

National Capital Territory of Delhi: A Union Territory and metropolitan region in India, encompassing Delhi and its surrounding urban areas. Delhi Value Added Tax Act, 2004: A law enacted by the Delhi government concerning value-added tax. Lt. Governor of the National Capital Territory of Delhi: The Lieutenant Governor is the constitutional head of the National Capital Territory of Delhi. Fourth Schedule: A component of the Delhi Value Added Tax Act, 2004 that lists items and their corresponding tax rates. Petrol Motor Spirit: A type of fuel commonly used in internal combustion engines. Diesel High Speed Diesel, Super Light Diesel Oil, Light Diesel Oil: Various types of diesel fuel. A. K. SINGH: Dy. Secretary, Finance Department of Delhi Mayapuri, New Delhi: Location of the Government of India Press.
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