Government of Goa amends Schedule C appended to Goa Value Added Tax Act, 2005.

The State Government of Goa vide its notification dated 4th February 2021 has amended Schedule C of the Goa Value Added Tax Act, 2005 which specifies the rate of goods on which value added tax to be levied on the turnover of sales of those goods.

The Motor spirit which is commonly known as petrol including ethanol blended petrol which is sold by public sector as well as private sector oil marketing companies to their authorised retail outlet within state shall levy 27% of VAT.