Sarthak Kanjilal
Port Blair, August 09: Bad news for Alcohol Consumers while good news for those who campaign against alcohol, rates of Alcohol may increase once again in these Islands, as VAT regulation has been implemented on Alcohol.
Talking to Andaman Sheekha today, the Commissioner GST, Andaman & Nicobar Islands, Mr Udit Prakash Rai said that the two major items that is being kept out of GST is POL (Petroleum Oil Lubricants) related six items and in liquor and in both of these items all over India VAT is implemented.
The Commissioner GST said that as Andaman & Nicobar Islands didn’t have VAT regulations earlier therefore recently the Andaman & Nicobar Administration has formulated VAT regulation, which has also got the approval of the President and VAT regulation in Andaman Islands has been implemented with post dated effect i.e on 01st July, 2017, and notification for which has already come and Commissioner VAT has also been appointed.
He further said that in a meeting held today all the Petrol Vendors, Petrol Outlet owners, Liquor Vendors and Bar owners have been requested to register themselves in VAT following which they will be liable for VAT.
The VAT in liquor has been kept 10% and therefore there are higher chances that the rates of alcohol will increase and as far as POL is related, the administration is committed that at any cost the rate on these six products does not increase by even a single penny.
