Project exempted from tax under DDUGJY

EMN Dimapur, March 23 The government of Nagaland has exempted from payment of Value Added Tax (VAT) “Projects under Deen Dayal Upadhyaya Gram Jyoti Yojana (DDUGJY) for electrification of villages in Nagaland” with immediate effect until the formal implementation of the Goods and Services Tax (GST) regime or issue of further amendments, whichever is earlier. The exemption is to be reflected in Schedule-I of the Nagaland Value Added Tax Act, 2005, the government stated in a notice on Wednesday. The existing entry Sl. No. 75 - Projects of Power Department under Rajiv Gandhi Grameen Vidyutikaran Yojana (RGGVY), shall be replaced by the following entry, namely the Projects of Power Department under Deen Dayal Upadhyaya Gram Jyoti Yojana (DDUGJY)’. This notification comes into effect after the expiry of 14 days from the date of issue.