Rajasthan Govt exempted VAT on Imported Sugar

Rajasthan government has decided to exempt VAT on imported sugar in the state till June 30. This will bring down sugar prices 2 rs in state. “The state imposes 4% VAT on sugar. With this exemption, the prices will go down by Rs 160 per quintal,’ says a government official. Sugar Trade Association of Rajasthan secretary Ballabh Kabra said that this decision can make way for sugar mills to buy imported sugar. “This is the first step to cool down the prices. We are waiting for government’s nod for importing sugar on our own. Sugar prices in Rajasthan are hovering around Rs 41- 43 a kg. Apart from 4% VAT, sugar attracts mandi tax of 1.6% and an entry tax of 0.25% in Rajasthan,” he said.