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States to levy 4-5% VAT on sugar

  • 5:33
  • Published On: October 17, 2011
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Amid high inflationary pressure, states have decided to impose four-five per cent value added tax (VAT) on sugar and textiles from the beginning of next fiscal. M Manickam, VC & MD, Sakthi Sugars, says the VAT will be passed on the consumers.

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