VAT and Excise Rates in Telangana
With this post we would like to seek your inputs on the VAT and Excise rate structure in Telangana. While increasing VAT on petrol and diesel and excise on liquor is used as a mechanism by State Governments to boost revenues in the short term, in economic downturns and the current pandemic situation, it can also hit consumer demand.
We seek your inputs on what do you feel about the prices of petrol, diesel and liquor. What should be done differently by the states so they can maximize state VAT and excise revenues?
We look forward to your inputs! more
Govt should find legitimate ways to increase revenue. It is very unfair to tax the population through liquor. Not everybody who drinks is a drunkard more
Reduce addl excise duty in liquor more
Lower taxes in alcohol if u want to generate state revenues more
Reduce taxes on petrol diesel. more