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    vat-of-13-5

    J&K government imposes VAT on IT products

    J&K government imposes VAT on IT products

    Finance minister Haseeb Drabu presenting the budget estimated the total public expenditure at Rs 46,473 crore. He announced to remove 0% VAT benefit on IT products and imposed 5% VAT on computer and its peripherals from March 31. The step initiated by finance minister created happiness amongst partner’s residing in neighboring states like Punjab etc.
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